A Goldman Sachs Group Inc. fund has agreed to buy a piece of Riverstone Holdings LLC, one of the world’s largest energy investment firms. Goldman agreed to pay up to $500 million for a roughly 12% stake in New York-based Riverstone, according to people familiar with the matter. The deal would value Riverstone at more than $4 billion and give the Goldman fund a proportional cut of the firm’s management fees and profits. The...
A shale Sachs Group partners will buy a 12 % stake in Riverstone Holdings , one of the biggest private equity backers of the US shale fund , for $ 500 m .