Britain's 3i says no plans to raise new fund soon - Reuters

British private equity company 3i Group has no immediate plans to raise a new fund despite a turnaround in its business since a leadership change last year, writes Reuters. The owner of women's fashion chain Hobbs and Tommee Tippee baby bottle maker Mayborn has spent the last 18 months restructuring after shareholders criticised its poor share price performance and weak results from its buyout business.

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