3i Group Plc (III.L) Friday unveiled the Future strategy for the Group with a primary focus on cost reduction that will be more closely aligned with the Group's income and investment strategy.
The new Chief Executive of the company, Simon Borrows, stated that the new strategy, on implementation, will result in the reduction of approximately 40 million pounds in the annual operating costs.
The Future strategy will lay more emphasis on intensively managing the existing private equity portfolio and seeking realizations, where conditions are right to maximise proceeds.
The strategy will also help in improving the overall business performance and maximise value for the Group, its shareholders and its fund investors.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.