Permira has declared it will never sell equity stakes to GP stakes firms, according to Claire Harwood, managing director and co-head of the firm's direct lending investment team. Speaking at PEI Group's Private Debt Investor Tokyo Forum, Harwood made the firm's position clear during a discussion about GP ownership structures.

This stance comes as the private equity firm continues to focus on its direct lending operations while maintaining full control over its equity. The announcement signals Permira's commitment to preserving its independence in an industry where many firms have embraced GP stakes partnerships as a capital-raising strategy. Such arrangements have become increasingly common among private equity firms seeking additional liquidity options.

By rejecting GP stakes sales, Permira positions itself differently from competitors who have pursued these arrangements. The firm's decision reflects a strategic choice to maintain complete ownership control while potentially limiting certain capital-raising options. This approach may appeal to investors who value Permira's independence and long-term investment horizon.