Reuters – Terra Firma to Return Several Billion to Investors

Private equity firm Terra Firma will return 3 billion euros ($4 billion) to investors through disposals within the next 12 to 18 months, the Financial Times reported on its website on Sunday, writes Reuters. Terra Firma, founded by Guy Hands, will also persevere with a 3 billion euro fund to buy green infrastructure assets, less than the 5 billion originally planned, after China Development Bank failed to commit to the fund, the FT said.

Reuters – Private equity firm Terra Firma TERA.UL will return 3 billion euros (2.6 billion pounds) to investors through disposals within the next 12 to 18 months, the Financial Times reported on its website on Sunday.

Terra Firma, founded by Guy Hands, will also persevere with a 3 billion euro fund to buy green infrastructure assets, less than the 5 billion originally planned, after China Development Bank failed to commit to the fund, the FT said, citing unnamed people with knowledge of the matter.

Hands also approached investors regarding a 2 to 3 billion euro buyout fund that may be marketed as soon as next year, the FT said.

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