M&G’s private equity capability is run by M&G Private Funds Investment (formerly PPM Managers), which manages investments in private equity primary funds, secondaries and co-investments.
The team was established in 2000 to invest in private equity opportunities in Europe and Asia and today invests globally, excluding the US. Over the past 16 years, the team has committed over €2.4bn* in capital to more than 115 investments, alongside more than 60 managers.
The portfolio is currently invested across Western Europe, Eastern Europe, Asia, Australia and Latin America, with a preference for mid-market businesses.
*As at 30 June 2017.
The value of investments will fluctuate, which will cause prices to fall as well as rise and investors may not get back the original amount they invested.