Yolanda Bobeldijk

A cash injection from HarbourVest rescues Motion’s €1.25bn Fund II.

Chancellor George Osborne said in his budget speech Wednesday the government will ‘make changes to limited partnerships to more effectively accommodate their use for private equity investments’.

Pension funds have been ramping up exposure to alternatives – with some of the world’s largest pension markets recording a rise in average allocations to 19 percent from 5 percent. Consultancy Towers Watson is ‘confident’ the numbers will keep rising.

London-based firm Terra Firma has agreed to buy a housing business the team first bought in 1996 while still at Japanese bank, Nomura, that they have managed ever since.