Half Year Results 

3i reduces investment amid competition

3i reduces investment amid competition

Yield hungry investors are piling into private equity, with record amounts of money being raised for new deals. In light of rising competition for assets, 3i (III) is cautious about not overpaying, according to chief financial officer Julia Wilson. The group invested £250m in two new private equity investments during the first half, down on £529m last year, meaning the group is unlikely to reach the £750m typically spent annually.  

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