Barclays provided financial advice and Debevoise & Plimpton provided legal advice to Littlejohn in connection with the transaction.
About the Goldman Sachs AIMS Petershill Program
The AIMS Petershill program launched nearly a decade ago to partner with leading alternative asset managers and help to accelerate their strategic development. AIMS Petershill's minority investments seek to support the creation of long-term value by providing strategic capital to enhance employee retention, facilitate business development, buy out legacy equity holders and generate strategic options – while preserving the autonomy and entrepreneurial spirit of these organizations. AIMS Petershill is part of Goldman Sachs Asset Management's Alternative Investments & Manager Selection Group, which manages over $150 billion in assets across leading hedge-fund, private-equity, real-estate, and traditional long-only managers through new fund commitments, secondary investments, fund-of-fund investments, co-investments and seed capital investments.
About Littlejohn & Co., LLC
Formed in 1996, Littlejohn & Co. this year is celebrating 20 years of serving its investors. Based in Greenwich, Connecticut, Littlejohn is a private equity firm investing in middle-market companies that are undergoing a fundamental change in capital structure, strategy, operations or growth that can benefit from its operational and strategic approach. The firm has over $4 billion under management. For more information, visit www.littlejohnllc.com.
Chris Tofalli Public Relations, LLC
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SOURCE Littlejohn & Co., LLC