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Guy Hands eyes new Terra Firma fund

Private equity veteran's firm plans first buyout fund since making its ill-fated investment in music firm EMI

Guy Hands, founder of Terra Firma Capital Partners
Guy Hands, founder of Terra Firma Capital Partners Photo: Getty Images

Guy Hands' private equity firm Terra Firma Capital Partners is planning to raise its first buyout fund since making its ill-fated investment in music firm EMI, a person familiar with the matter said.

The mooted fundraising was originally reported by Sky News, which said Terra Firma will embark on talks with investors next week, seeking to raise €3bn for buyout deals.

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