NEWS & VIEWS

Global private equity and venture capital news and research

Permira exits stake in SVG Capital

18 Aug 2014

exitPrivate equity firm Permira Holdings has exited its stake in London-listed PE firm SVG Capital.

Permira has reportedly sold 12 million shares representing a 5.7 per cent stake in the company, according to the deal document, seen by Bloomberg.

Fund of funds investor SVG Capital initially formalised its relationship with Permira in 2005, being a major backer in the firm’s fourth and fifth funds.

Permira said in a statement, “Following the sale, Permira intends to continue its strong relationship with the company.”

SVG focuses on management buyouts with its other commitments invested in Cinven, Clayton Dubilier & Rice and CCMP Capital.

At the start of this year Permira bought natural health products company Atrium Innovations for C$24 per share.

Copyright © 2014 AltAssets

FUNDRAISING & INVESTOR RELATIONS


Legals & Terms of UsePrivacy Policy


AltAssets is registered as a trademark of Investor Networks Limited (06695690).
Registered Office: Zetland House, 5-25 Scrutton St, London EC2A 4HJ
Content is © AltAssets 2000-2015