SVG Capital

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SVG Capital
Type Public (LSESVI)
Industry Private Equity
Investment Management
Founded 1996
Headquarters London, UK
Key people Nicholas Ferguson, Chairman
Lynn Fordham, CEO
Revenue £16.9 million (2013)[1]
Operating income £(4.0) million (2013)[1]
Net income £(40.7) million (2013)[1]
Website www.svgcapital.com

SVG Capital (LSESVI) 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[edit]

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[edit]

SVG Advisers, the firm's fund management operation, is composed of SVG Private Equity, which makes investments in private equity funds and to a lesser extent private companies, and SVG Public Equity which invests in listed companies.

SVG Private Equity has 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] These vehicles act as fund of funds however are not structured as traditional private equity fund vehicles.

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[edit]

External links[edit]