BC Partners is potentially looking to ally with an investment bank or an institutional investor to purchase 10% of Intelsat, the satellite operator that the UK private equity firm agreed to acquire a stake in through a leveraged buyout in June worth close to $5bn (€3.7bn).

According to a report from CreditSights, an independent credit research firm, BC Partners is seeking a partner to buy most of the 15.5% equity stake held by Intelsat's four private equity owners.