3i Group Plc (III) Ordinary 73 19/22p

3i Group PLC is a United Kingdom-based investment company, which is specialized in private equity and infrastructure. It invests in mid-market companies and core investment markets are Europe and North America. The private equity business is funded principally from its proprietary capital, with some funding from co-investors for selected assets. Its principal focus is on generating attractive capital returns. Private equity sectors include consumer & private label, healthcare, industrial, services & software. Its infrastructure business manages assets on behalf of third-party investors and its proprietary capital, with the objective of generating capital returns and earning fund management fees and portfolio income. Infrastructure sectors include communications, utilities, transport/logistics, social infrastructure, and energy.

3i is an investment company which aims to provide its shareholders with quoted access to private equity and infrastructure returns. Currently, its main focus is on making quoted and unquoted equity and/ or debt investments in businesses and funds in Europe, Asia and the Americas.

• Ongoing charge0.69%
• Annual management charge -
• Performance feeYes

Management fee of between 1.2% and 1.4% on a tiered basis. Performance fee of 20% of returns above a hurdle of 8% of the growth in NAV per share with a deferral and clawback mechanism in the event of subsequent performance below the hurdle.