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.
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European private equity firm Permira has signed a strategic partnership with Chinese government owned China Development Bank, writes Reuters. The partnership will allow Permira to become CDB Capital’s sole European private equity partner reports Reuters. (Reuters) – European private equity firm Permira said on Tuesday it has signed a strategic partnership with Chinese government owned [...]
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