Terra Firma is reportedly considering asking its investors to inject an additional £120m into troubled portfolio company EMI, the music group, in order for the business to avoid defaulting on its loan covenants.
Fourth core infrastructure secondaries fund is set to be twice the size of its predecessor
IK backed the France-based business in 2014 via its IK VII fund, which closed on €1.7bn in 2013
Move comes as funds invested in DC have exceeded £1bn, but exposure to private markets assets was already available to DB members
GP bought the fasteners and fixings manufacturer as part of a succession process for the company