Littlejohn & Co. has received an undisclosed minority investment from Goldman Sachs Alternative Investments & Manager Selection Group. The PE firm will use the capital to grow.
Goldman made the investment through the firm’s AIMS Petershill fund. The buyer purchased a passive, non-voting stake in Littlejohn, valued less than 10 percent. AIMS Petershill invests minority stakes in private equity firms, hedge funds and alternative managers to help them with their strategic development. The fund has more than $150 billion under management.