Goldman Sachs buys minority stake in Slate Asset Management
Slate Asset Management LP, a Toronto-based real estate-focused alternative investment platform, has secured a non-voting minority equity investment from Goldman Sachs Asset Management. Terms weren't disclosed. Goldman Sachs invested through its Petershill unit, which buys minority stakes in managers of private equity and other alternative asset funds. Slate Founding Partners Blair Welch and Brady Welch made a long-term commitment to the business as part of the deal. Slate sponsors private and public equity funds that invest in real estate and real asset opportunities in North America and Europe. It has completed more than $11 billion of transactions and oversees $6.2 billion in assets.
19 August 2019•3 mins read
