{"id":2157299,"date":"2026-07-10T07:52:42","date_gmt":"2026-07-10T06:52:42","guid":{"rendered":"https:\/\/www.thebusinessdesk.com\/yorkshire\/?p=2157299"},"modified":"2026-07-10T07:52:42","modified_gmt":"2026-07-10T06:52:42","slug":"why-goldman-sachs-backed-the-private-office","status":"publish","type":"post","link":"https:\/\/www.thebusinessdesk.com\/yorkshire\/news\/2157299-why-goldman-sachs-backed-the-private-office","title":{"rendered":"Why Goldman Sachs backed The Private Office"},"content":{"rendered":"<p>The ink is barely dry on Goldman Sachs\u2019 landmark investment in The Private Office, but founder Stuart Phillips insists the deal isn\u2019t an exit &#8211; it\u2019s fuel for the firm\u2019s next phase of growth.<\/p>\n<p>He tells Sheryl Moore why he chose Wall Street over private equity and how control was never up for negotiation\u2026<\/p>\n<p>The interview appears on Rainmakers, the premium content platform from TheBusinessDesk.com.<\/p>\n<p>Rainmakers subscribers get two unique pieces a week and full access to our back catalogue of investigations, scoops, and insights, including updates from\u00a0<a href=\"https:\/\/rainmakers.thebusinessdesk.com\/p\/introducing-the-secret-investor\"><strong>The Secret Investor<\/strong><\/a>, interviews with entrepreneurs, and the leaders from VC and PE investors like this one, and with the likes of\u00a0<a href=\"https:\/\/rainmakers.thebusinessdesk.com\/p\/a-man-called-boz-and-a-tale-of-two?r=2r572a&amp;utm_campaign=post&amp;utm_medium=web&amp;showWelcomeOnShare=false\"><strong>River Capital<\/strong><\/a>,\u00a0<a href=\"https:\/\/rainmakers.thebusinessdesk.com\/p\/powered-by-coffees-foresights-private?r=2r572a&amp;utm_campaign=post&amp;utm_medium=web&amp;showWelcomeOnShare=false\"><strong>Foresight<\/strong><\/a>,\u00a0<a href=\"https:\/\/rainmakers.thebusinessdesk.com\/p\/not-enough-mercias-out-there?r=2r572a&amp;utm_campaign=post&amp;utm_medium=web\"><strong>Mercia<\/strong><\/a>,\u00a0<a href=\"https:\/\/rainmakers.thebusinessdesk.com\/p\/puma-standing-out-in-private-equity\"><strong>Puma<\/strong><\/a>\u00a0and\u00a0<a href=\"https:\/\/rainmakers.thebusinessdesk.com\/p\/investors-hope-they-have-found-the?r=2r572a&amp;utm_campaign=post&amp;utm_medium=web\"><strong>LDC<\/strong><\/a>. To receive new posts and support our work, consider becoming a free or paid subscriber, or sign up for a free trial\u2026..<\/p>\n<p>The full interview with Stuart Phillips is\u00a0<a href=\"https:\/\/rainmakers.thebusinessdesk.com\/p\/why-goldman-sachs-backed-the-private\"><strong>here<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Wall Street giant&#8217;s decision to take a significant minority stake in The Private Office is as much a vote of confidence in a business model as it is in a balance sheet<\/p>\n","protected":false},"author":271992,"featured_media":2157304,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53262,2,127685],"coauthors":[137100],"class_list":["post-2157299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-deals","category-financial-services","tag-featured-story","tag-yorkshire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why Goldman Sachs backed The Private Office | TheBusinessDesk.com<\/title>\n<meta name=\"description\" content=\"The Wall Street giant&#039;s decision to take a significant minority stake in The Private Office is as much a vote of confidence in a business model as it is in a balance sheet\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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