3i rises as Sherborne increases stake

3i, the international investor focused on mid-market private equity, has told the market that Sherborne Investors, which describes itself as a 'turnaround investment firm', has built up its stake in 3i.

3i, the international investor focused on mid-market private equity, has told the market that Sherborne Investors, which describes itself as a 'turnaround investment firm', has built up its stake in 3i.

Sherborne is understood by 3i to have acquired then sold 3i shares to Jefferies International, Sherborne's nominated advisor and broker, meaning that at the close on January 15th it has acquired an interest representing approximately 0.7% of 3i's total issued share capital, and has since sold that interest to Jefferies.

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