Reuters reports that Barclays Private Equity will spin out through an MBO over the summer. Barclays is also reported as targeting it’s first independent fund at 1.5 to 2 billion Euros. Regulatory pressures may also be at work in the decision to spin out from the bank.
To read the Reuters article, please click here:
http://www.reuters.com/article/idUSLDE64K0UE20100524
Jim Sutliff