Hands signs a €100m pledge to ignite new fundraising

Guy Hands, one of the UK's most successful buy-out financiers, will invest €100m ($120m) with his Terra Firma private equity team in its latest fund. He hopes to raise at least €3bn for new investments.

Details of Hands' big personal investment were revealed in a letter to investors that accompanied a draft private placement memorandum, which provides information on Hands' Terra Firma group record and strategy for the new fund.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire