Showing posts with label Coller Capital. Show all posts
Showing posts with label Coller Capital. Show all posts

Wednesday, 6 May 2015

Legal & General hires Campbell Lutyens to sell LGV Capital portfolio; deal close to completion

It sounds like FTSE 100 insurer Legal & General is on the verge of selling its private equity arm and stakes in several well-known retail outfits, such as outdoor clothing retailer Snow + Rock and bar chain Tiger Tiger.

Two years ago, Legal & General shocked the private equity market when it emerged the insurer decided it was not going to provide any more funding to LGV Capital, which was founded in 1986 and is one of Britain's oldest private equity firms. Here is a link to an article in The Sunday Times on the topic: