Goldman Sachs's (GS -1.7%) Petershill unit is buying a small stake in venture-capital firm General Catalyst for about $200M, the Wall Street Journal reports, citing a person familiar with the situation.

Stake will be in the high single-digit percentages.

Would entitle Goldman to part of General Catalyst's profits through carried interest and management fees, but doesn't allow Goldman any influence over the firm's operations or special access to portfolio company information.

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