Twitter LinkedIn
    Wednesday, July 6
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Investments»Sainsbury Billionaire Bets $337 Million on Private Equity Funds
    Investments

    Sainsbury Billionaire Bets $337 Million on Private Equity Funds

    November 30, 2021Updated:November 30, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    The investment firm for one of the world’s biggest retail fortunes is boosting its private equity bets after stepping back from public markets.

    David Sainsbury, whose great-grandfather founded supermarket chain J Sainsbury Plc, plans to put as much as 253 million pounds ($337 million) into private equity funds through his family office, Innotech Advisers, according to a U.K. registry filing.

    The London-based firm already had more than 400 million pounds allocated to managed funds in the sector at the end of last year, when its investments had a market value of 1.1 billion pounds, the filing showed.

    Read more/Source: Bloomberg

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    funds Investments PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Inflexion leads SteriPack buyout

    July 6, 2022

    Barings and Partners Group provide financing to support Arcline’s CoreDux acquisition

    July 6, 2022

    Brookfield pours record US$12B into European deals

    July 6, 2022

    £15bn KKR-led Power Networks takeover ‘collapses over price increase’

    July 6, 2022

    Comments are closed.

    Other Articles

    Japan’s Toshiba receives eight proposals to go private

    June 2, 2022

    Monroe Capital sponsors third SPAC – MCAP Acquisition Corporation

    March 2, 2021

    Spain’s Cellnex launches 7 billion euro capital hike

    March 30, 2021

    Carlyle, Hikaru Shimura to Acquire 100% Stake in Japan’s X-ray Technology Company Rigaku

    January 9, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2022 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?