One Equity is facing competition in its bid to acquire London-listed music publisher EMI. EMI is reported to have opened its books to US hedge fund Cerberus and Fortress Investment Group as well as One Equity, the private equity arm of JP Morgan that was first reported to be eyeing the company in February.
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