private equity

Peter McKellar, coordinating partner and CIO of SL Capital Partners and manager of the Standard Life European Private Equity trust, on the prospects for this unloved sector.

Andrew Bell, chief executive of the £1.1bn Witan investment trust, has joined the chorus of disgruntled shareholders who are demanding radical change at private equity firm 3i.

JAPAN ONE YEAR ON

PRIVATE EQUITY

Stephen Schwarzman, the Blackstone chief executive, took home $213.5m in pay and dividends in 2011, after seeing his pay jump by a third.

At the start of the year all the investment houses like to roll out their investment plans with such confidence and aplomb.

HOW TO ACCESS PRIVATE EQUITY

The closed-ended structure is well suited to private equity investment says Hamish Mair, manager of the F&C Private Equity Trust.

Ignis has hired Michiel Timmerman from Aberdeen Asset Management to run its newly created £2.5bn multi-manager unit.

Fundsmith founder Terry Smith is set to lose one of the 22 stocks in his Equity fund to an acquisition, less than a month after the vehicle's launch.