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3i Group has announced that it is setting up a debt management operation in the US, in the latest of a series moves towards diversification by the UK-listed private equity firm.

The firm has teamed up with specialist US debt manager WCAS Fraser Sullivan Investment Management to launch the venture. 3i will initially hold 80% of the equity in the venture and is expected to own 100% after three years.

Launch of a US debt business is the latest move for the firm, which has steadily diversified its operations since 2007

Paul Hodkinson

3i Group

3i Infrastructure

HSBC

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Government Finance

Economic News

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3i Group: A diversification timeline

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