Candover reviews contingency plans

The private equity firm said it is exploring a range of contingency plans in the event that exits fail to materialise

Candover Investments is considering refinancing its existing debt facilities or obtaining new finance in order to avoid a liquidity crisis, as the slow pace of exits continues to affect the UK-listed firm.

The private equity firm has been selling assets and has made no fresh investments since 2010, when liquidity problems the previous year forced it to cancel its €1 billion commitment to Candover Partners' 2008 fund.

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