Permira’s European affiliate SVG also revealed that its remaining stake in the business is valued at £308.6m, up 11 per cent from the end of June this year.
The recapitalisation returned 47 per cent on the firm’s initial investment in Hugo Boss.
In addition, SVG has fully exited its stake in Marazzi for £16.6m, a premium of £1.3m to its valuation of £15.3m as at June 30.
Earlier this year Permira sold a 10 per cent stake in Hugo Boss after the company released weaker than expected quarterly results.
In August it was reported that Permira was eyeing a January closing on the adjusted €5bn target for its latest fund. It initially planned to close the fund, which previously targeted between €6.5bn, in April next year.
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