PETERSHILL PARTNERS PLC
2023 Annual Report and Accounts
For the year ended 31 December 2023
LONDON - April 10, 2024 - Petershill Partners plc (LSE: PHLL) announces that the annual report and accounts for the year ended 31 December 2023 have been submitted to the Financial Conduct Authority and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
The annual report will also shortly be available on the Company's website at http://www.petershillpartners.com where further information on the Company can also be found.
In conformity with DTR 6.3.5R(1A), the regulated information required under DTR 6.3.5 is available in unedited full text within the 2023 annual report and accounts as uploaded and available on the National Storage Mechanism and on the Company's website as noted above.
Analyst / Investor enquiries:
Gurjit Kambo |
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+44 (0) 207 051 2564 |
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Media enquiries:
Brunswick Group |
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phll@brunswickgroup.com |
Simone Selzer |
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+44 (0) 207 404 5959 |
About Petershill Partners
Petershill Partners plc (the "Company" or "Petershill Partners") and its Subsidiaries (the "Group") is a diversified, global alternatives investment group focused on private equity and other private capital strategies. Through our economic interests in alternative asset management firms ("Partner-firms"), we provide investors with exposure to the growth and profitability of the alternative asset management industry. The Company completed its initial acquisition of the portfolio of Partner-firms on 28 September 2021 and was admitted to listing and trading on the London Stock Exchange on 1 October 2021 (ticker: PHLL). The Company is operated by Goldman Sachs Asset Management ("Goldman Sachs" or the "Operator") and is governed by a diverse and fully independent Board of Directors (the "Board").
Through our Partner-firms, we have exposure to $283 billion of Aggregate Partner-firm AuM, comprising a diverse set of more than 200 long-term private equity and other private capital funds where capital is typically locked in over a multi-year horizon. These underlying funds generate recurring management fees and the opportunity for meaningful profit participation over the typical 8+ year lifecycles of such funds. We believe our approach is aligned with the founders and managers of our Partner-firms and, as a result, allows the Company to participate in these income streams in a way that provides high-margin, diversified and stable cash flows for our shareholders.
For more information, visit https://www.petershillpartners.com/homepage.html. Information on the website is not incorporated by reference into this press release and is provided merely for convenience.