Hargreaves Lansdown co-founder returns to board after £5.4bn takeover Economics The billionaire co-founder of Hargreaves Lansdown has made a surprise return to the investment platform’s board following its private equity takeover last year. Peter Hargreaves, who helped set up the investment site in 1981 and stepped down as a director a decade ago, will reappear on the company board in a non-executive role. Hargreaves has [...]
Are private markets approaching a tipping point? Investing As money continues to pour into private markets, concerns are mounting that the sector is expanding too fast in an unfriendly environment. In recent years, there has been an explosion of interest in private markets, with fundraising doubling over the last decade, leading to $13.1 trillion (£9.9 trillion) in assets under management across the sector. [...]
Grant Thornton gains double-digit growth following PE approval Business Grant Thornton UK has generated double-digit revenue over the last 12 months, just as the firm's private equity investment gained regulatory approval
UK private equity deals crash to pandemic lows April 10, 2025 UK private equity deals crashed to their lowest level since 2020 in the first quarter of this year, as a tepid IPO market and geopolitical uncertainty continued to hamper dealmaking. There were only 320 private equity deals in the first quarter of 2025, totalling £18bn, compared to 534 deals totalling £28.2bn in the quarter before, [...]
Trump must decide what tariffs are for – Private equity chief April 9, 2025 President Donald Trump must decide what his sweeping tariffs are for in order to rescue markets from their ongoing collapse, a private equity chief has said. “The markets are in turmoil because they aren’t sure what we’re solving for, because the messages have been quite mixed,” Hamilton Lane co-CEO Erik Hirsch told City AM. Trump [...]
Volleyball World: How CVC Capital Partners woke sport’s sleeping giant April 9, 2025 Volleyball World CEO Finn Taylor on how CVC Capital Partners has commercialised the sport, its successful D2C platform and ambitions to woo British fans. Private equity in sport can provoke suspicion that it will be funds rather than fans who benefit most from the transaction, yet in volleyball there can be little doubt that it [...]
Private equity will leave London if the government doesn’t listen April 8, 2025 Uncertainty over government plans to change the taxation of carried interest is driving privat equity away from London, says Edwin Richards Last week, some of the world’s biggest private equity firms urged the UK government to dilute proposed changes to the treatment of carried interest. But plenty are left wondering what this means in practice [...]
FCA set to overhaul hedge fund and alternative investment rules April 7, 2025 The Financial Conduct Authority has launched a consultation to soften regulations on hedge fund and alternative investment management rules. In an announcement today, the Treasury said it will be lifting the size threshold for alternative asset managers to be subjected to the main rules for the sector, from £100m in assets under management to £5bn. [...]
Private equity trust Pantheon rated ‘buy’ by City broker March 27, 2025 Private equity trust Pantheon International has been upgraded to a ‘buy by City broker Stifel after falling to its lowest stock price since 2023. The £1.4bn trust saw its stock price fall as low as 300p in recent days, compared to around 340p at the end of last year. “This appears to reflect concerns across [...]
Private equity market bullish on resurgence in deals March 26, 2025 Private equity chiefs have become bullish for a surge in deals this year, in a rare piece of good news for the London Stock Exchange. When polled, 79 per cent of private equity general partners said they were expecting returns to rise this year, compared to just 24 per cent in 2024, data from Investec [...]