3i Group plc is a U.K. private equity company with investments in 39 mid-market companies across the consumer, healthcare, and industrial technology sectors. The company has been shaped from the top by CEO Simon Borrows, who we credit with much of its success over the past decade. When he took on the top role in 2012, the company was struggling with poorly performing investments, bloated management, and high debt. In short order, 3i cut 40% of its headcount, shrank its investment portfolio by 100 companies to 30-40 and worked with its underperforming investments to improve their results. The outcome is evident in 3i’s share price performance with the value rising 10-fold in that time. Unlike traditional private equity firms that raise third party capital and manage on behalf of limited partners/outside investors, 3i invests its own capital (the main exception being 3i’s Infrastructure fund, which is structured as a traditional fund). It targets companies with holding periods of about five years and a goal of doubling its money, equating to a 15% return per annum. Read

As we begin 2024, it’s prime time to strategize and ensure you’re making the most of available tax-saving opportunities. Read