SVG Capital
SVG sells Xceptor to CBPE Capital
Divestment comes as the vendor prepares to wind down after HarbourVest acquired its portfolio
HarbourVest delists from Amsterdam stock exchange
As part of the strategy, the GP will consolidate its listing on the London stock exchange
HarbourVest clinches £807m SVG deal
Acquisition will see SVG wound down and £1.12bn returned to its shareholders
Private equity’s public market problems
Despite strong investor appetite for listed private equity houses, life on the public markets brings with it numerous challenges
HarbourVest further extends deadline for SVG share offer
Extension will enable the parties to continue negotiations around an alternative asset-based offer
HarbourVest makes new £783m SVG bid
Proposed deal would be similarly structured to a rival bid by Goldman Sachs and CPPIB
HarbourVest extends deadline for SVG takeover
Offer lapsed on 6 October, with SVG's board urging shareholders to accept a competing offer
Goldman and CPPIB field £748m bid for 100% of SVG
SVG board deems Goldman/CPPIB bid preferred option, ahead of HarbourVest and Pantheon/Pomona
SVG recommends liquidation, £379m sale to Pantheon, Pomona
Board of directors proposes to wind down SVG to maximise cash returns to its shareholders
SVG confirms talks with Goldman Sachs and CPPIB
Fund-of-funds in talks with Goldman Sachs and Canadian pension fund for alternative bid
SVG in talks with other bidders, says board
SVG board holds position over HarbourVest bid in a public back-and-forth between the two firms
SVG board hits back at HarbourVest's unsolicited takeover bid
Fund-of-funds' board says the recent offer undervalues the company and its assets
HarbourVest makes £1.02bn final offer for SVG
Fund-of-funds acquirer is on track to secure a 51.2% stake and is aiming for a full takeover
SVG returns £101m in H1 2015
LP will commit $100m to US mid-market GP
Private equity's tax model under scrutiny
As governments seeks to reduce deficits, PE's treatment of tax is under scrutiny
Permira sells entire SVG stake
Pair intend to maintain close relationship following sale
SVG shares down 8% as Aegon sells stake
Aegon has sold a 7.5% stake in listed private equity investor SVG Capital, resulting in an 8% share price drop.
SVG posts 3.5% NAV increase
Listed investor SVG Capital has reported an increase in its NAV per share of 3.5% to 497.2 pence per share.
Robins joins SVG board
David Robins, SVG Capital
SVG enjoys 23% NAV boost in H1
SVG Capital has reported a 23% uplift in net asset value (NAV) in its half-year results, with shares now trading at 480p.
SVG banishes the ghosts of the past
Just a year ago, things were looking very bleak for fund-of-funds manager SVG, but yesterday’s announcement of a new partnership with Aberdeen Asset Management has given the firm new reasons to be optimistic about its future.
SVG Capital injects €100m into Cinven
Listed investment trust SVG Capital has committed €100m to the latest fund managed by London-based GP Cinven.
Permira and SVG cash in on Galaxy Entertainment
Permira has sold its remaining stake in Hong Kong listed casino and hotel operator Galaxy Entertainment Group.
SVG cuts down exposure to Permira
SVG Capital Partners has announced plans to sell its £90.2m stake in Permira's third fund, according to reports.