Goldman Sachs Asset Management’s Petershill Platform has made a minority investment in Wind Point Partners, a Chicago-based private equity firm. No financial terms were disclosed.
Chicago, Ill – January 18, 2022 – Wind Point Partners (“Wind Point”), a Chicago-based private equity firm, today announced that Goldman Sachs Asset Management’s Petershill Platform (“Petershill”) has made a minority investment in Wind Point. The partnership creates a strategic relationship with one of the world’s leading investment managers and positions Wind Point for continued growth and success. The transaction will not impact the management or daily operations of Wind Point.
The transaction will provide capital and facilitate growth through the many value-added services provided by Petershill. Wind Point will remain focused on opportunities to partner with family and entrepreneur owned businesses where it can leverage its multi-decade network and domain expertise within consumer products, industrial products and business services.
Nathan Brown, Paul Peterson and Alex Washington, Managing Directors of Wind Point, commented, “We are excited to partner with Petershill. They are a clear leader in the market and have developed a comprehensive suite of value-added services to enable their partner firms to maximize growth potential and investment returns.”
Christian von Schimmelmann, co-head of Goldman Sachs Asset Management’s Petershill Platform, said, “Wind Point has a nearly four-decade history of investing in the middle-market, with a unique strategy focused on cultivating and partnering with top executive talent in order to enable business transformation during their ownership period. We believe that the culture and experience of the team provides significant runway for Wind Point’s continued success.”
Evercore provided financial advice and Kirkland & Ellis LLP provided legal counsel to Wind Point in connection with the transaction. Fried, Frank, Harris, Shriver & Jacobson LLP provided legal counsel to Goldman Sachs Asset Management.
About Wind Point Partners
Wind Point Partners is a Chicago-based private equity investment firm with approximately $4 billion in assets under management. Wind Point focuses on partnering with top caliber management teams to acquire well-positioned middle market businesses where it can establish a clear path to value creation. The firm targets investments in the consumer products, industrial products and business services sectors. Wind Point is currently investing out of Wind Point Partners IX, a $1.5 billion fund that was initiated in 2019.
Additional information about Wind Point is available at www.windpointpartners.com.
About Goldman Sachs Asset Management
Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As the primary investing area within Goldman Sachs (NYSE: GS), Asset Management delivers investment and advisory services for the world’s leading institutions, financial advisors and individuals, drawing from our deeply connected global network and tailored expert insights, across every region and market—overseeing more than $2 trillion in assets under supervision worldwide as of September 30, 2021. Driven by a passion for clients’ performance, Asset Management seeks to build long-term relationships based on conviction, sustainable outcomes, and shared success over time. Goldman Sachs Asset Management invests in the full spectrum of alternatives, including private equity, growth equity, private credit, real estate and infrastructure.