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3i's investment, realisation pace slows significantly in current market25/09/2008. Source: AltAssets. 
 Due to the tougher environment 3i invested only £622m during the five months ended 31 August, significantly less than the £1.012bn invested in the equivalent period last year, 3i said in its pre-close briefing ahead of its half-year results which will be announced on 6 November 2008.
In addition, £268m was invested on behalf of co-investment funds managed by 3i, compared to £258m over the same period in 2007.
Realisation proceeds amounted to £560m in the five months ended 31 August 2008, also significantly down from the £1.011bn in the first five months of 2007. The figure for this year excludes the realisation proceeds of approximately £162m from ABX, which are expected to be received shortly after 30 September 2008.
Philip Yea, 3i chief executive, said, 'In these markets, we continue to be highly selective in respect of new investment, rigorous in managing our existing portfolio, and focused on maximising cash to cash returns. In line with our expectation, our investment and realisations have been broadly balanced so far this year.'
3i shares did not fall under the recent FSA ban on short-selling and 3i is not expected to ask the FSA to include its shares for the time being.
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