From Katherine Burton:

Chris Shumway sold an 8 percent stake in his hedge-fund firm to a leveraged-buyout fund run by Goldman Sachs Group Inc., according to a letter sent to investors today.
Shumway Capital Partners LLC will use proceeds from the sale to help finance a partnership to include senior executives of the Greenwich, Connecticut-based firm, the letter said. Terms of the agreement with Goldman Sach’s Petershill Fund were not disclosed.

“This investment brings us together with a leading Wall Street firm while allowing us the autonomy and ability to continue to manage our investment business in the same manner that we have since inception,” Shumway wrote.

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Comments (47)

  1. Posted by guest | January 5, 2010 at 12:33 PM

    who wants to have the is it a tiger cub or isn't it a tiger cub debate?

  2. Posted by guest | January 5, 2010 at 12:35 PM

    see you on metro north Chris ;D

  3. Posted by guest | January 5, 2010 at 12:36 PM

    @2 does he seriously take the metro north?

  4. Posted by guest | January 5, 2010 at 12:39 PM

    Is "Petershill" pronounced "peter's hill" or "peter shill" either of which is sort of dirty sounding I must say.

  5. Posted by guest | January 5, 2010 at 1:57 PM

    This deal will bomb.

  6. Posted by guest | January 5, 2010 at 3:04 PM

    sounds about as good a deal as lehman's purchase of 20% of ospraie. boy, that was a steal. these banks really know what they are doing when it comes to buying GP stakes

  7. Posted by guest | January 5, 2010 at 5:07 PM

    Quick who was Gordon Shumway?

  8. Posted by guest | January 5, 2010 at 5:11 PM

    Let me guess.
    Buy a GP stake and become a bank holding company with access to Fed funds?

  9. Posted by guest | January 5, 2010 at 9:33 PM

    who wants to have the is it a tiger cub or isn’t it a tiger cub debate?

  10. Posted by guest | January 5, 2010 at 9:33 PM

    who wants to have the is it a tiger cub or isn’t it a tiger cub debate?

  11. Posted by guest | January 5, 2010 at 9:33 PM

    who wants to have the is it a tiger cub or isn’t it a tiger cub debate?

  12. Posted by guest | January 5, 2010 at 9:33 PM

    who wants to have the is it a tiger cub or isn’t it a tiger cub debate?

  13. Posted by guest | January 5, 2010 at 9:35 PM

    see you on metro north Chris ;D

  14. Posted by guest | January 5, 2010 at 9:35 PM

    see you on metro north Chris ;D

  15. Posted by guest | January 5, 2010 at 9:35 PM

    see you on metro north Chris ;D

  16. Posted by guest | January 5, 2010 at 4:35 PM

    see you on metro north Chris ;D

  17. Posted by guest | January 5, 2010 at 9:36 PM

    @2 does he seriously take the metro north?

  18. Posted by guest | January 5, 2010 at 9:36 PM

    @2 does he seriously take the metro north?

  19. Posted by guest | January 5, 2010 at 9:36 PM

    @2 does he seriously take the metro north?

  20. Posted by guest | January 5, 2010 at 4:36 PM

    @2 does he seriously take the metro north?

  21. Posted by guest | January 5, 2010 at 9:39 PM

    Is “Petershill” pronounced “peter’s hill” or “peter shill” either of which is sort of dirty sounding I must say.

  22. Posted by guest | January 5, 2010 at 9:39 PM

    Is “Petershill” pronounced “peter’s hill” or “peter shill” either of which is sort of dirty sounding I must say.

  23. Posted by guest | January 5, 2010 at 9:39 PM

    Is “Petershill” pronounced “peter’s hill” or “peter shill” either of which is sort of dirty sounding I must say.

  24. Posted by guest | January 5, 2010 at 9:39 PM

    Is “Petershill” pronounced “peter’s hill” or “peter shill” either of which is sort of dirty sounding I must say.

  25. Posted by guest | January 5, 2010 at 6:06 PM

    @7 ALF, and probably a better investment than this Shumway.
    -Wildcard Bitches!

  26. Posted by guest | January 5, 2010 at 10:57 PM

    This deal will bomb.

  27. Posted by guest | January 5, 2010 at 10:57 PM

    This deal will bomb.

  28. Posted by guest | January 5, 2010 at 10:57 PM

    This deal will bomb.

  29. Posted by guest | January 5, 2010 at 5:57 PM

    This deal will bomb.

  30. Posted by guest | January 6, 2010 at 12:04 AM

    sounds about as good a deal as lehman’s purchase of 20% of ospraie. boy, that was a steal. these banks really know what they are doing when it comes to buying GP stakes

  31. Posted by guest | January 6, 2010 at 12:04 AM

    sounds about as good a deal as lehman’s purchase of 20% of ospraie. boy, that was a steal. these banks really know what they are doing when it comes to buying GP stakes

  32. Posted by guest | January 6, 2010 at 12:04 AM

    sounds about as good a deal as lehman’s purchase of 20% of ospraie. boy, that was a steal. these banks really know what they are doing when it comes to buying GP stakes

  33. Posted by guest | January 6, 2010 at 12:04 AM

    sounds about as good a deal as lehman’s purchase of 20% of ospraie. boy, that was a steal. these banks really know what they are doing when it comes to buying GP stakes

  34. Posted by guest | January 6, 2010 at 12:04 AM

    sounds about as good a deal as lehman’s purchase of 20% of ospraie. boy, that was a steal. these banks really know what they are doing when it comes to buying GP stakes

  35. Posted by guest | January 6, 2010 at 2:07 AM

    Quick who was Gordon Shumway?

  36. Posted by guest | January 6, 2010 at 2:07 AM

    Quick who was Gordon Shumway?

  37. Posted by guest | January 6, 2010 at 2:07 AM

    Quick who was Gordon Shumway?

  38. Posted by guest | January 6, 2010 at 2:07 AM

    Quick who was Gordon Shumway?

  39. Posted by guest | January 5, 2010 at 9:07 PM

    Quick who was Gordon Shumway?

  40. Posted by guest | January 6, 2010 at 2:11 AM

    Let me guess.
    Buy a GP stake and become a bank holding company with access to Fed funds?

  41. Posted by guest | January 6, 2010 at 2:11 AM

    Let me guess.
    Buy a GP stake and become a bank holding company with access to Fed funds?

  42. Posted by guest | January 6, 2010 at 2:11 AM

    Let me guess.
    Buy a GP stake and become a bank holding company with access to Fed funds?

  43. Posted by guest | January 6, 2010 at 2:11 AM

    Let me guess.
    Buy a GP stake and become a bank holding company with access to Fed funds?

  44. Posted by guest | January 6, 2010 at 3:06 AM

    @7 ALF, and probably a better investment than this Shumway.
    -Wildcard Bitches!

  45. Posted by guest | January 6, 2010 at 3:06 AM

    @7 ALF, and probably a better investment than this Shumway.
    -Wildcard Bitches!

  46. Posted by guest | January 6, 2010 at 3:06 AM

    @7 ALF, and probably a better investment than this Shumway.
    -Wildcard Bitches!

  47. Posted by Bristol Airport Hotels | April 19, 2012 at 10:58 PM

    HhXIKA Thank you for your post.Really thank you! Want more.

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