3i has confirmed its intention to return £800m to shareholders. The move, which is subject to shareholder approval, comes on the back of its annual results to 31 March 2007, which were announced today. 3i invested a total of £1,576m and realised £2,438m this year, compared to figures of £1,110m and £2,207m in 2006.
Responsibilities will include leadership of the distribution relationships in France, Italy, the Middle East and Spain1
GP is currently investing from its 2019-vintage DIF Core Infrastructure Fund II
GP also announced the refinancing of online gardening retailer YouGardem, scoring a 60% cost return
CDP Venture and Tim Ventures take part in the round, alongside Club Digital and Club Italia Investimenti 2