Private Equity

Metric’s private equity partnership with Richard Branson stalls

London-based credit firm Metric Capital planned to raise $500m to back consumer-facing companies

Early last year, John Sinik, managing partner of London-based private credit firm Metric Capital Partners referred to Virgin Group founder Richard Branson as “one of the greatest entrepreneurs of our lifetime”.

The praise was part of a preliminary pitch for a $500m fund that Metric hoped to raise in partnership with the UK billionaire to back fast-growing consumer brands across Europe and the US

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