Barclays in talks to sell private equity unit to management: source

British banking group Barclays (BARC.L) is in talks to sell its natural resources-focused private equity business to the unit's management, a person familiar with the matter said on Tuesday. Barclays Natural Resource Investments (BNRI) has committed $3 billion to 28 companies since its launch in 2006, according to its website. Barclays last year put BNRI into its book of businesses that it intended to sell or run down, saying it was not strategically important for the bank.

Barclays in talks to sell private equity unit to management: source source: http://finance.yahoo.com/news/barclays-talks-sell-private-equity-095818718.html