Barclays to Spin Off Private Equity Unit‏

May 24, 2010 by admin · Leave a Comment
Filed under: Business News 

Barclays Private Equity is expected to be spun out of the bank this summer giving independence to its 45-strong management to raise between €1.5 billion to €2 billion for their next fund.
Barclays is likely to make only a modest amount out of any MBO but would be able to say it is concentrating on core businesses. The private equity arm has invested in some 350 businesses over 25 years.

ss_blog_claim=d8b71225e22bcdd26f96fbebe990c628 ss_blog_claim=d8b71225e22bcdd26f96fbebe990c628