The Full Wiki

More info on Electra Private Equity

Electra Private Equity: Wikis


Note: Many of our articles have direct quotes from sources you can cite, within the Wikipedia article! This article doesn't yet, but we're working on it! See more info or our list of citable articles.


From Wikipedia, the free encyclopedia

Electra Private Equity
Type Public Company (LSE: ELTA)
Founded 1976
Headquarters Flag of the United Kingdom.svg London, UK
Key people Sir Brian Williamson, (Chairman)
Industry Private Equity
Products Investments, private equity funds
Operating income £7.2 million (2008)
Net income £(69.4) million (2008)

Electra Private Equity (LSE: ELTA) is a British-based investment trust specialising in private equity. The trust is managed by Electra Partners LLP an independent private equity fund manager and is a constituent of the FTSE 250 Index.

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 2008, the Company had £0.7bn of investments under management.[1]



The Company was founded by Michael Stoddart in 1976 as Electra Investment Trust.[2] The current management team of the company's manager, Electra Partners, trace their roots with the firm to 1992.

In 1989, Electra initiated a middle market leveraged buyout group, Electra Partners Europe. In 2005, Electra Partners Europe completed a spinout from its investment trust parent.[3] The following year, in 2006, Electra Partners Europe renamed itself Cognetas. As of 2009, Cognetas manages two private equity funds, most recently a €1.25 billion fund raised in 2006.[4] In 2008, the Company initiated a new middle market private equity business, unrelated to Cognetas, and completed raising a £100 million fund for new investments in May 2008.[5]

In 1999 3i Group made an unsuccessful hostile bid to take over the Company.[2]

See also


External links



Got something to say? Make a comment.
Your name
Your email address