Duke Street Capital's recent payment of £8 million into the Focus DIY pension fund almost a year after it sold its holding has raised concerns that the Pensions Regulator (the Regulator) is readier to use (or threaten use of) Financial Support Directions (FSDs) in relation to under-funded pension schemes.
Shares are sold by shares were held by CapMan Buyout X Fund A and CapMan Buyout X Fund B
Advent made a takeover offer of 165 pence per share in cash, which represents a 34% premium in July
Business strategy platform will expand its product and triple its team size
Fund targets companies operating in the healthcare industry, primarily pharma, medtech and outsourced services