Chief Executive Officer of Terra Firma, Guy Hands (C), arrives for a meeting in London January 15, 2008. British music company EMI, which is owned by Terra Firma, is to axe up to 2,000 jobs in a restructuring plan by its new private-equity owners to save up to 200 million pounds ($392 million) a year and recast itself for the digital age. REUTERS/Kieran Doherty (BRITAIN) - RTR1VTXA
Hasn't raised buyout fund since losing investment in EMI
Founder Hands joined by new CEO, head of portfolio businesses
Firms exiting legacy portfolio, investing deal by deal
Terra Firma Capital Partners is targeting $3.42 billion for its sixth fund, according to a filing with the SEC. This would be the firm’s first buyout fund since it lost a court battle concerning its 2007 purchase of EMI, which ended in the loss of ...