Terra Firma

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Guy Hands accused of attempted Citi 'shakedown'

Pointing Finger

The Terra Firma tycoon Guy Hands has been accused of attempting to run a “shakedown” against Citigroup and its former chief executive, Chuck Prince, in his attempt to recover massive losses from his disastrous acquisition of EMI.

Terra Firma to Set Up a $5bn Renewable Energy Investment Fund

Globe

Private equity firm Terra Firma has joined with the Chinese Development Bank to create a multi-billion dollar renewable energy investment fund. They will start 'raising between $3 and $5 billion in the next few months, with China Development Bank to put an as-yet-undefined amount into the fund'.

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