Legal Week’s revelation last month that private equity house Royal Bank Private Equity (RBPE) is scaling down its presence in Birmingham and may pull out altogether, has, with just cause, helped stoke a wave of speculation about the future of private equity houses outside the capital.
Now eyes are turned towards Bridgepoint Capital – another major player in the area that has been slowly moving out of the regions for the last year.
The house, which used to be spread across the whole nation, now only has one UK office outside London – in Birmingham. It is also hardly a secret that Bridgepoint is seeking to focus on bigger deals and the European market.
