Guy Hands Said to Explore Modifying Fund to Gain Cash

Updated on
  • Terra Firma chairman looking for new investors for Fund III
  • Firm hired Sainsbury's Justin King as vice-chairman this month

Guy Hands, the founder of U.K. buyout group Terra Firma Capital Partners, is looking into modifying the firm’s 2007 fund to allow existing investors to cash out and to bring in new cash, people with knowledge of the matter said.

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