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Carlosan

The Foundry was sold for £200m this year

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Yes fantastic news bought by HgCapital a private equity firm.

 

The fund seeks out investments to fund the growth and expansion of portfolio companies, that is, a collection of different companies, often from various industries.  This approach is done to diversify the fund and mitigate the risk involved; the more companies in a funds portfolio, the greater the diversification, and the lower the overall risk of default or loss.

from: http://baselinescenario.com/2012/01/27/what-is-private-equity/

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