A body representing pension and sovereign wealth funds has criticized the escalating legal costs charged by top law firms, advocating for these costs to be shared between investors and buyout groups.

Private equity investors are expressing new concerns about potential conflicts of interest, questioning whether some institutions are approving deals that could disproportionately benefit other related businesses.

A proposed sale plan for BrewDog could leave approximately 220,000 'equity punk' investors without returns if the deal prioritizes the company's private equity backer.