Permira plans

EUROPEAN private equity firm Permira is preparing a number of companies for flotation or trade sale over the coming six to 24 months, co-managing partner Kurt Bjorklund said.

Boosted by strong equity market sentiment, increasing numbers of private equity firms are eyeing exits and the prospect of returning cash to investors. However, Bjorklund told the British Private Equity and Venture Capital Association conference: “I am not going to play the game of listing all the companies we are preparing for IPO.”