Hargreaves Lansdown co-founder Stephen Lansdown is creating a new green private equity fund.
The board of the £55m Henderson Private Equity investment trust has decided to close the vehicle as a result of its persistently wide discount and failure to grow assets under management.
Private equity positions were the largest positive contributor to the Foreign & Colonial investment trust in the first half of the year, helping to offset the effects of BP's dividend suspension.
Gartmore has completed a joint venture with Hermes Fund Managers Limited to combine private equity fund of fund businesses.
Private equity fund of funds, which delivered stellar returns from 2004 to the end of December 2007, are poised to resume their activity after the sector imploded following the Lehman Brothers collapse in 2008.
Winterflood Securities warns the private equity sector still faces widespread challenges despite recent results showing a rise in net asset values.
Foreign & Colonial's Jeremy Tigue is expecting equity bull run to support private equity valuations in 2010
Artemis has been the subject of a management buyout.
The European market has continued to rise, led by basic industries.