LONDON (Reuters) - Private equity firm Terra Firma
Terra Firma, founded by Guy Hands, will also persevere with a 3 billion euro fund to buy green infrastructure assets, less than the 5 billion originally planned, after China Development Bank failed to commit to the fund, the FT said, citing unnamed people with knowledge of the matter.
Hands also approached investors regarding a 2 to 3 billion euro buyout fund that may be marketed as soon as next year, the FT said.
Terra Firma lost 1.7 billion pounds of its own and investors' money on EMI
(Reporting by Costas Pitas; Editing by Jason Webb)