Barclays Sells Barclays Private Equity to Management Team

Barclays Bank PLC has sold Barclays Private Equity (BPE) to its management team.

The business, which has been rebranded as Equistone Partners Europe, will continue to manage BPE’s existing three funds on behalf of its existing investors in those funds.
Barclays remains an investor alongside those funds and the largest single investor in Equistone’s investments to date.
The value of the assets sold is approximately £45m.

FinSMEs

11/11/2011

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