Question to the Cabinet Office:

To ask the Minister for the Cabinet Office, how many transactions referred to his Department under the National Security and Investment Act have involved private equity firms connected to state-backed sovereign wealth funds since 5 July 2024.

The Government publishes an annual report on the National Security and Investment (NSI) Act 2021, with information about the transactions that it has been notified about and reviewed. The period from 1 April 2024 to 31 March 2025 will be covered in the next annual report, which will be published later this year.

NSI Annual Reports do not present the number of acquisitions reviewed involving private equity firms connected to state-backed sovereign wealth funds as the Investment Security Unit does not routinely collect this information.