Barclays to Spin Off Private Equity Unit
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.

