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According to Goldman Sachs documents, the bank is providing customers with shares managed by the Millennium Development Group with a minimum subscription threshold of 1 million US dollars and a maximum subscription threshold of 20 million US dollars. With a management scale of over $78 billion, Millennium Management is seeking to sell 10% to 15% of the company's shares at a valuation of around $14 billion. Based on the upper limit of the range, the scale of capital raised this time will reach 2 billion US dollars. About half of the capital will come from Goldman Sachs's Petershill division, and the rest will be raised by Millennium Management from existing large institutional clients such as sovereign wealth funds. According to people familiar with the matter, the Goldman Sachs team has begun to reach out to a wide range of potential investors, including high-net-worth customers and even employees of Millennium Management's main competitors. Choosing to partner with Petershill means Millennial Management is trying to expand the pool of potential buyers from institutions to wealthy individuals.

Zhitongcaijing·08/14/2025 23:09:10
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According to Goldman Sachs documents, the bank is providing customers with shares managed by the Millennium Development Group with a minimum subscription threshold of 1 million US dollars and a maximum subscription threshold of 20 million US dollars. With a management scale of over $78 billion, Millennium Management is seeking to sell 10% to 15% of the company's shares at a valuation of around $14 billion. Based on the upper limit of the range, the scale of capital raised this time will reach 2 billion US dollars. About half of the capital will come from Goldman Sachs's Petershill division, and the rest will be raised by Millennium Management from existing large institutional clients such as sovereign wealth funds. According to people familiar with the matter, the Goldman Sachs team has begun to reach out to a wide range of potential investors, including high-net-worth customers and even employees of Millennium Management's main competitors. Choosing to partner with Petershill means Millennial Management is trying to expand the pool of potential buyers from institutions to wealthy individuals.