Terra Firma employees are looking to syndicate £100m of equity they personally put into the firm’s £3.2bn acquisition of UK housing company Annington Homes last month.

The buyout firm's partners and employees, including Founder Guy Hands, financed £250m of the deal's £500m of equity. The employees had first agreed to put £150m into the deal, but subsequently put in another £100m with the intention of syndicating it, according to one person close to the situation.