Goldman Said in Talks to Sell Petershill Hedge-Fund Portfolio

Bloomberg – Goldman Sachs Group Inc. is in talks with a Credit Suisse Group AG unit to sell its Petershill fund that buys stakes in hedge funds, according to two people familiar with the matter.

The negotiations with New York-based Asset Management Finance LLC haven’t yet led to an agreement and the talks may still fall apart, said the people who asked not to be identified because the information is private.

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