UK-headquartered buyout firm Terra Firma Capital Partners today published a frank annual report that exceeded the guidelines for disclosure and transparency laid down last year in the Walker Report as well as criticising recent tax changes in the UK.
The comprehensive review of the firm and its portfolio companiesâ activities over the past year included financial information on the Terra Firma's performance that showed it had invested â¬3.2bn ($5bn) last year compared to â¬2.1bn in 2006 and increased capital gains from â¬660m to â¬1bn in the same period.