3i Group plc is a British multinational investment firm headquartered in London and listed on the London Stock Exchange as a constituent of the FTSE 100 Index. It traces its origins to 1945, when the Bank of England and a syndicate of British banks established the Industrial and Commercial Finance Corporation to provide long-term capital to smaller businesses that banks considered too risky to fund. After decades of expansion and several name changes, 3i now invests in mid-market buyouts, minority growth capital and infrastructure across sectors including financial services, consumer goods, industrials, energy and healthcare, managing roughly 36.8 billion pounds in assets with a comparatively small staff of around 250 people. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/
Facts
Company TypeBritish multinational private equity and infrastructure investment company 1 Founded Year Headquarters In the Other Atlases
Sources
1. 3i (Wikipedia)
lead paragraph
3i Group plc is a British multinational private equity and infrastructure investment company based in London, England.
History section, ICFC founding sentence
The company was formed in 1945, as the Industrial and Commercial Finance Corporation (ICFC), by the Bank of England and the major British banks to provide long-term investment funding for small and medium-sized enterprises.
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