The restructuring by BC Partners of its top-of-the-market investment in UK estate agency Foxtons is the second major restructuring the UK buyout firm has undertaken in the last few months. Financial News looks at what the firm has done at Foxtons and how BC is progressing as it looks to raise another fund.

The firm confirmed today it has lost control of Foxtons through a restructuring after its banks Bank of America and Mizuho have taken large stakes in the business.