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Pennybacker announces strategic investment from Petershill at Goldman Sachs Asset Management
Investors - MAY 14, 2024

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Pennybacker announces strategic investment from Petershill at Goldman Sachs Asset Management

by Released

Pennybacker Capital Management has announced that Goldman Sachs Asset Management's Petershill program has made a strategic investment in the firm. Terms of the transaction were not disclosed.

Pennybacker will leverage this passive, minority investment to accelerate the evolution of its platform as a leading middle-market real assets investment manager.

Pennybacker is a real assets investment management firm based in Austin, Texas, with approximately $4 billion of assets under management. The firm pursues real estate and infrastructure strategies through both closed-end and open-end vehicles across the capital structure.

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