Electra Private Equity

Infobox_Company
company_name = Electra Private Equity
company_
company_type = Public Company (lse|ELTA)
foundation = 1976
key_people = Sir Brian Williamson, (Chairman)
location =
industry = Private Equity
products = Investments, private equity funds
assets =
revenue =
operating_income=£193.9 million (2007)
net_income =£174.3 million (2007)
homepage = [http://www.electraequity.com www.electraequity.com]
num_employees =

Electra Private Equity (lse|ELTA) is a large British-based investment trust specialising in private equity. The company is a constituent of the FTSE 250 Index.

History

The Company was founded by Michael Stoddart in 1976 as "Electra Investment Trust". [http://findarticles.com/p/articles/mi_qn4158/is_19990701/ai_n14256021 Investment column: Electra] ] In 1999 3i Group made an unsuccessful hostile bid to take over the Company.

Operations

The Company takes direct investments in leveraged equity positions in buyouts and similar transactions; other types of investments including property and listed opportunities, where these can be approached from a private equity perspective. As at 30 September 2007, the Company had £1bn of investments under management. [ [http://www.electraequity.com/Resources/Annual%20Report%20and%20Accounts%202007.pdf Electra Annual Report 2007 page 10] ]

References

External links

* [http://www.electraequity.com Official site]
* [http://uk.finance.yahoo.com/q/pr?s=ELTA.L Yahoo Profile]
* [http://www.hemscott.com/companies/trust-profile.do?companyId=715 Hemscott Profile]