Sales drive L&G Ventures

A series of portfolio company exits has seen Legal & General Ventures, the in-house private equity arm of the UK insurer, more than double its profits to £1.7m (€2.5m) in the six months to end of June.

The private equity team, which focuses on investments in UK and Irish mid-market companies with an enterprise value from £50m to £300m, specialises in the leisure, consumer products and services, which includes healthcare, sectors.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump