Innovative 3i Is Taking Private Equity Public

Daily MailNovember 30, 2006

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Summary


PRIVATE equity group 3i (up 12p at 975p) is going public with its investments for the first time.

Boss Philip Yea has recruited a new team to take stakes of less than 30pc in the 'large body of small and medium-sized companies not particularly well understood or well treated by public markets'.

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Extract


Innovative 3i Is Taking Private Equity Public

Institutional shareholders have so far been wa...

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