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25 th February 2021 9:07 am Good morning and welcome to your Morning Briefing for Thursday 25 February, 2021. To get this in your inbox every morning click here. Fairstone signs deal with another private equity house Fairstone Group has joined hands with yet another private equity house to gain further backing and investment. The consolidator, which is already backed by Synova and Alcentra, has secured additional investment from TA Associates. It has received regulatory approval and says the deal will see its acquisition and deal volumes to rise. Last year, the group was on an a buying spree and ended the year with 10 acquisitions. Will it beat that figure this year? ....
19 th February 2021 7:46 am Good morning and welcome to your Morning Briefing for Friday 19 February, 2021. To get this in your inbox every morning click here. MPs demand answers on Woodford probe Treasury select committee chairman Mel Stride has said the FCA should set out a timeline to complete its Woodford investigation. The watchdog has confirmed it started the investigation into the Woodford Equity Investment fund the same month it was gated in June 2019. The FCA is also reviewing the actions of Link Fund Solutions, which acted as the authorised corporate director for Woodford Investment Management’s funds. In a letter from yesterday, Stride wrote: “The FCA should set out when we can expect its investigation to conclude.” ....