Buy-out firms in trouble

Private equity house Candover is set to drastically scale back its 2008 fund to E100 million from E3 billion, while investors in French buy-out firm PAI have forced it to cut its 2008 fund in half and pushed through concessions on fees (Source: Reuters)

Nick Britton

Nick Britton

Nick was the Managing Editor for when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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