M&A – Kennedy Lewis Investment Management receives Strategic Investment from Petershill at Goldman Sachs Asset Management

On April 2, 2024, Kennedy Lewis Investment Management (‘Kennedy Lewis’), a leading opportunistic credit manager, announced that it had received a passive, minority investment from Petershill at Goldman Sachs Asset Management (“Petershill”). In conjunction with the investment from Petershill, Azimut Alternative Capital Partners, LLC (“AACP”) will divest its non-controlling, minority equity interest in Kennedy Lewis.

Kennedy Lewis is an alternative credit manager founded in 2017, with over $14 billion under management across private funds, a business development company, and collateralized loan obligations. The firm seeks to deliver attractive risk adjusted returns for clients by investing across the credit markets through its opportunistic credit, homebuilder finance, core lending and broadly syndicated loan strategies.

Goldman Sachs is one of the leading investors in alternatives globally, with over $450 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives including private equity, growth equity, private credit, real estate, infrastructure, hedge funds and sustainability. Established in 2007, Petershill partners with leading alternative asset managers and helps to accelerate their strategic development.