SVG Capital

SVG Capital
Public (LSE: SVI)
Industry Private Equity
Investment Management
Founded 1996
Headquarters London, UK
Key people

Andrew Sykes, Chairman
Lynn Fordham, CEO Non-Executive Directors - Simon Bax, Stephen Duckett, Helen Mahy

David Robins, Senior Independent Director
Revenue £125.7 million (2015)[1]
£0 million (2015)[1]
£(19.5) million (2015)[1]
Website www.svgcapital.com

SVG Capital (LSE: SVI) is a leading British private equity and investment management business. It is headquartered in London and is a constituent of the FTSE 250 Index.

History

The business was established in 1996 to acquire the private equity interests of Schroder Venture Group ('SVG'). It was first listed on the London Stock Exchange in the same year.[2]

In May 2008, SVG Capital announced the sale of ₤102 million of limited partnership interests in six private equity funds to Lexington Partners and SVG's collateralized fund obligation vehicle, SVG Diamond.[3]

Investments

SVG Advisers, was the firm's fund management operation and comprised SVG Private Equity, which made investments in private equity funds and to a lesser extent private companies, and SVG Public Equity which invested in listed companies.

SVG Private Equity utilized collateralized fund obligation securitizations as part of its "Diamond" program, SVG Diamond (2004), SVG Diamond II (2006) and SVG Diamond III (2007) in order to raise capital for its private equity investments.[4][5]

SVG Private Equity has significant investments in private equity funds managed by Permira, which comprise over half of the firm's portfolio by value.[6]

References

  1. 1 2 3 "Preliminary Results for the period ended 31 January 2015" (PDF). SVG Capital. Retrieved 3 April 2015.
  2. ↑ "Profile: Ferguson lands in another hot seat". Financial Times. Retrieved 3 April 2015.
  3. ↑ "SVG Capital PLC - Bond launch & sale of assets." Reuters, 8 May 2008
  4. ↑ SVG Diamond Programme
  5. ↑ "SVG Diamond II raises €500m for private equity investment - AltAssets Private Equity News". altassets.net. Retrieved 3 April 2015.
  6. ↑ Permira


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