3i Venture Capital labelled "fraudulent, negligent, incompetent by artificially allowing a Great British Brand like Agent Provocateur to crash into administration," by Agent Provocateur co-Founder Joe Corré.
Private equity investor 3i Group has acquired a shareholding in outdoor clothing and equipment retailer GO Outdoors from YFM Equity Partners, with plans to invest £28 million in the business.
Private equity group 3i has sold off several of its European-based investee companies, which will now be managed by venture capital (VC) firm DFJ Esprit.
