Goldman Sachs puts $600mn Enstar stake up for sale

Goldman Sachs' private equity arm has started to approach
potential acquirers of its significant minority stake in New
York-listed legacy-to-live carrier Enstar, The
Insurance Insider can reveal.
Goldman Sachs Private Equity Group had a 19 percent economic
interest in Enstar as of 31 December, including warrants, which
could be worth $600mn based upon the firm's current $3.13bn
market capitalisation.
The private equity firm bought into Enstar in April 2011,
investing $291.6mn, and is now looking