Dailymail.co.uk, 20 Dec 2008, Simon Watkins
Barclays plans to spin off its private equity business to a management buyout and sell about half of all its investments in an attempt to release billions of pounds in capital for the parent group.
It is thought the QIA is also being considered as a possible investor in the spin-off private equity business along with Temasek, the Singapore sovereign wealth fund which also owns a stake in Barclays.
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Related News:
Barclays may split off private equity arm - Telegraph.co.uk, 21 Dec 08
