Getty Images Billionaire entrepreneur Richard Branson is entering private equity for the first time. He has partnered with $2 billion London-based firm Metric Capital to invest in consumer businesses. Branson is reportedly aiming to raise as much as $500 million from institutional investors around the world with the intention of pursuing "consumer deals of up to €2bn in enterprise value." Richard Branson, the billionaire entrepreneur is getting into the private equity business, partnering with $2 billion London-based firm Metric Capital to invest in consumer businesses. Branson, the founder of the Virgin Group, is reportedly aiming to raise as much as $500 million from institutional investors around the world with the intention of pursuing "consumer deals of up to €2bn in enterprise value," according to the Financial Times, which cites people familiar with the fundraising.See the rest of the story at Business InsiderNOW WATCH: A Wall Street chief economist explains what could be the saving grace for mega-cap tech companiesSee Also:One person has died in an E.
Billionaire Richard Branson Is Getting Into The Private Equity Game
feedback@businessinsider.com (Will Martin), Business Insider
Thu, 05/03/2018 - 5:20am
Topics: and getty images billionaire virgin group financial times business insidernow watch wall street e korea trump bell richard branson branson richard branson london-based metric capital branson us consumer reportedly euro;2bn firm world entrepreneur invest million investors institutional pursuing aiming raise intention deals big enterprise
BING NEWS:
- Virgin Active: Billionaire owner of Richard Branson-founded gym chain eyes UK listing
The billionaire majority owner of Virgin Active is looking to list the business in the UK, according to reports.
11/13/2024 - 4:50 am | View Link - Richard Branson’s Net Worth, And Rise To Billionaire Status
Branson even owns a private island ... expansion for Virgin businesses and his wealth. Richard Branson strategically used Virgin's brand equity to create new enterprises in many areas.
03/1/2024 - 7:59 pm | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more