The second is that by raising new capital, as Bridgepoint intends, it will gain a £300million fighting fund plus the ability to raise new equity in the future. This would allow it to scale the money tree by doing bigger deals. There is an inherent conflict in the proposed float. As a public company Bridgepoint’s minority shareholders rightly would expect much more transparency. An irritating feature of private equity is that websites and accounts provide little financial detail on the clients hidden under the bonnet. As a quoted venture capital/private equity fund the 3i Group does provide useful information about its investments.