Permira has sold 3.96m shares which represent a 5.6 per cent interest in Hugo Boss and will now hold a stake of just over 50 per cent.
Last year the firm divested of a 10 per cent stake in the company, less than two years after selling a 6.4 per cent interest.
Back in October last year Permira received £110.9m from from a recapitalisation of the company.
The recapitalisation returned 47 per cent on the firm’s initial investment in the company.
Earlier this month Permira received a a return of 1.6 times from the sale of TV programming producer and distributor All3Media.
Copyright © 2014 AltAssets