Graphite Capital is a private equity firm focused on mid-market leveraged buyout investments, primarily in the UK. The group manages around £1.2 billion for institutional investors, with the most recent fund raising over £500 million in 2018. Since 1991, the firm has backed almost 100 management teams through various investments. Until February 2016, the firm managed a listed investment trust, Graphite Enterprise Trust, a diversified private equity fund of funds platform. The management contract was transferred to Intermediate Capital Group.