# PE firms based in United Kingdom (2026 list)

> 974 PE firms based in United Kingdom, 6% active in the last 12 months. Led by Business Growth Fund, HSBC, 3i Group. Ranked by what they funded.

Source: https://millionrounds.com/lists/pe-firms-based-in-united-kingdom (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# PE firms based in United Kingdom

Updated 7 November 2026

PE firms headquartered in United Kingdom.

[See all 974 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-based-in-united-kingdom)The top 25

**974** investors on the list *+1* this week

**338** cheques in 12 months *+33%* against the market

**$19M** median round they joined *+132%* against the market median

**6%** wrote a cheque in 12 months

**5%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (16)

- 1 [Business Growth Fund](https://millionrounds.com/fund/bgf) *Deploying now* Private equity · United Kingdom **260** **$9.9M** median round **Nov 2026** last seen
- 2 [HSBC](https://millionrounds.com/fund/hsbc) *Deploying now* Growth equity · United Kingdom **234** **$45M** median round **Oct 2026** last seen
- 3 [3i Group](https://millionrounds.com/fund/3i-group) quiet Private equity · United Kingdom **202** **$179M** median round **Mar 2019** last seen
- 4 [Janus Henderson Investors](https://millionrounds.com/fund/janus-henderson-investors) *Deploying now* Private equity · United Kingdom **178** **$115M** median round **Oct 2026** last seen
- 5 [DST Global](https://millionrounds.com/fund/dst-global) *Deploying now* Private equity · United Kingdom **158** **$81M** median round **Oct 2026** last seen
- 6 [Scottish Equity Partners](https://millionrounds.com/fund/scottish-equity-partners) *Deploying now* Private equity · United Kingdom **141** **$33M** median round **Feb 2026** last seen
- 7 [Foresight Group](https://millionrounds.com/fund/foresight-group) *Deploying now* Private equity · United Kingdom **132** **$4M** median round **Oct 2026** last seen
- 8 [Maven Capital Partners](https://millionrounds.com/fund/maven-capital-partners) *Deploying now* Private equity · United Kingdom **129** **$3.5M** median round **Oct 2026** last seen
- 9 [Apax Partners](https://millionrounds.com/fund/apax-partners) quiet Private equity · United Kingdom **102** **$200M** median round **Jan 2019** last seen
- 10 [Better Capital](https://millionrounds.com/fund/better-capital) *Deploying now* Private equity · United Kingdom **97** **$2.5M** median round **Oct 2026** last seen
- 11 [European Bank for Reconstruction and Development](https://millionrounds.com/fund/ebrd) *Deploying now* Private equity · United Kingdom **91** **$35M** median round **Nov 2026** last seen
- 12 [YFM Equity Partners](https://millionrounds.com/fund/yfm-equity-partners) *Deploying now* Private equity · United Kingdom **66** **$6.2M** median round **Sept 2026** last seen
- 13 [Invesco Perpetual](https://millionrounds.com/fund/invesco-perpetual) quiet Growth equity · United Kingdom **57** **$53M** median round **Aug 2018** last seen
- 14 [Flashpoint](https://millionrounds.com/fund/flashpoint-2) *Deploying now* Growth equity · United Kingdom **50** **$7M** median round **May 2026** last seen
- 15 [Gresham House Ventures](https://millionrounds.com/fund/gresham-house-ventures) *Deploying now* Growth equity · United Kingdom **40** **$6.6M** median round **Sept 2026** last seen
- 16 [WPP](https://millionrounds.com/fund/wpp) quiet Growth equity · United Kingdom **38** **$12M** median round **Apr 2015** last seen
- 17 [EIS Angel Co-Investment](https://millionrounds.com/fund/newable) quiet Private equity · United Kingdom **30** **$3.6M** median round **Jan 2019** last seen
- 18 [LDC](https://millionrounds.com/fund/ldc) quiet Private equity · United Kingdom **29** **$21M** median round **Jul 2019** last seen
- 19 [Zouk Capital](https://millionrounds.com/fund/zouk-capital) *Deploying now* Private equity · United Kingdom **29** **$17M** median round **Jul 2026** last seen
- 20 [Doughty Hanson](https://millionrounds.com/fund/doughty-hanson) quiet Private equity · United Kingdom **28** **$7.5M** median round **Dec 2012** last seen
- 21 [Steadview Capital](https://millionrounds.com/fund/steadview-capital) *Deploying now* Growth equity · United Kingdom **25** **$30M** median round **Feb 2026** last seen
- 22 [Vision Capital](https://millionrounds.com/fund/vision-capital) *Deploying now* Private equity · United Kingdom **24** **$50M** median round **Sept 2026** last seen
- 23 [Generation Investment Management](https://millionrounds.com/fund/generation-investment-management) *Deploying now* Private equity · United Kingdom **23** **$225M** median round **Oct 2026** last seen
- 24 [NVM Private Equity](https://millionrounds.com/fund/nvm-private-equity-llp) quiet Private equity · United Kingdom **19** **$9M** median round **Sept 2019** last seen
- 25 [Aleph Capital Partners](https://millionrounds.com/fund/aleph) quiet Private equity · United Kingdom **18** **$29M** median round **Nov 2019** last seen

**949 more on this list**

All 974 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-based-in-united-kingdom)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[T-Therapeutics](https://millionrounds.com/company/t-therapeutics)** Series B · $133M *With* [Business Growth Fund](https://millionrounds.com/fund/bgf)
- **4** Nov **[bit.bio](https://millionrounds.com/company/bit-bio)** Series D+ · $25M *With* [M&G Investments](https://millionrounds.com/fund/m-and-g-investments)
- **3** Nov **[Scatec](https://millionrounds.com/company/scatec)** Debt · $217M *With* [European Bank for Reconstruction and Development](https://millionrounds.com/fund/ebrd)
- **2** Nov **[Ozlo](https://millionrounds.com/company/ozlo)** Series B · $22M *With* [Accelerate Ventures](https://millionrounds.com/fund/accelerate-ventures)
- **2** Nov **[Larridin](https://millionrounds.com/company/larridin)** Series A · $30M *With* [W23 Global](https://millionrounds.com/fund/w23-global)
- **30** Oct **[Neoen](https://millionrounds.com/company/neoen)** Debt · $1.3B *With* [HSBC](https://millionrounds.com/fund/hsbc)

## Stages This Year

327 rounds

- Debt **15%**
- Other **14%**
- Growth **12%**
- Series B **11%**
- Series A **11%**
- Other **36%**

## What They Backed

Sectors, last 12 months

- AI **86**
- Biotech **50**
- Fintech **32**
- Pharma **25**
- Energy **22**
- Financial Services **20**

## Cheques by Quarter

Led Joined

62 Q1 25

61 Q2 25

55 Q3 25

106 Q4 25

103 Q1 26

96 Q2 26

70 Q3 26

29 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [VC firms based in United States 25,936](https://millionrounds.com/lists/vc-firms-based-in-united-states)
- [PE firms based in United States 19,904](https://millionrounds.com/lists/pe-firms-based-in-united-states)
- [VC firms based in United Kingdom 2,451](https://millionrounds.com/lists/vc-firms-based-in-united-kingdom)
- [VC firms based in China 1,473](https://millionrounds.com/lists/vc-firms-based-in-china)
- [VC firms based in India 1,309](https://millionrounds.com/lists/vc-firms-based-in-india)
- [VC firms based in Canada 1,211](https://millionrounds.com/lists/vc-firms-based-in-canada)
- [VC firms based in Germany 1,186](https://millionrounds.com/lists/vc-firms-based-in-germany)
- [Incubators and accelerators based in United States 828](https://millionrounds.com/lists/incubators-accelerators-based-in-united-states)
- [VC firms based in Australia 784](https://millionrounds.com/lists/vc-firms-based-in-australia)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about PE firms based in United Kingdom

### Who are the most active PE firms based in United Kingdom?

By cheques observed, the most active are Business Growth Fund, HSBC, 3i Group, Janus Henderson Investors and DST Global.

### How many PE firms based in United Kingdom are there?

974 are on record. 6% made an investment in the last 12 months and 5% have led a round.

### Which stages do PE firms based in United Kingdom back?

Of the rounds with a named stage in the last 12 months, mostly Debt (21%) and Growth (17%).

### How big are the rounds PE firms based in United Kingdom join?

The typical (median) round among the leading investors here is $21M.

### Which sectors do PE firms based in United Kingdom back most?

In the last 12 months, mostly AI, Biotech and Fintech.

### Which PE firms based in United Kingdom lead the most rounds?

DST Global (12 led), Gresham House Ventures (7 led) and European Bank for Reconstruction and Development (5 led).

### What have PE firms based in United Kingdom invested in recently?

Recent rounds include T-Therapeutics (Series B, Nov 2026, with Business Growth Fund), bit.bio (Series D+, Nov 2026, with M&G Investments) and Scatec (Debt, Nov 2026, with European Bank for Reconstruction and Development).

### How is this list of PE firms based in United Kingdom ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
