Public (: ) | |
Industry |
Private Equity Investment Management |
Founded | 1996 |
Headquarters | London, UK |
Key people
|
Andrew Sykes, Chairman |
Revenue | £4.6 million (2016) |
£(12.5) million (2016) | |
£(16.1) million (2016) | |
Website | www.svgcapital.com |
Andrew Sykes, Chairman
Lynn Fordham, CEO Non-Executive Directors - Simon Bax, Stephen Duckett, Helen Mahy
SVG Capital (: ) is a leading British private equity and investment management business. Headquartered in London, it is listed on the .
The business was established in 1996 to acquire the private equity interests of Schroder Venture Group ('SVG'). It was first listed on the in the same year. 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. In October 2016 the company agreed to sell its portfolio to HarbourVest for £807 million. In April 2017 the company announced that it would appoint a liquidator to manage the final distribution to shareholders.
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. SVG Private Equity has significant investments in private equity funds managed by Permira, which comprise over half of the firm's portfolio by value.