Sole Realisation Company

As the drama over the London-listed private equity vehicle unfolds, PEI sizes up the dramatis personae.

The London-listed private equity investor has agreed ‘in principle’ to sell all its assets for about £748m, setting aside an earlier deal with another group.

The London-listed private equity investor urged shareholders to take no action on HarbourVest’s £1bn bid, saying the 650p-a-share final offer ‘undervalues the company’.

Coller bought 50m shares in the listed private equity investor at 100 pence a share in the depths of the financial crisis, and would receive 650 pence a share if an unsolicited bid for SVG Capital succeeds.

The London-listed private equity investor has asked shareholders to wait until its results on 30 September before taking action, but the deal looks likely to proceed, say analysts.

The deal comes two years after SVG and Aberdeen created the new fund of funds business

In a bid to grow SVG Advisers’ investment base and expand the business, SVG Capital has agreed to sell a 50.1% stake to Aberdeen Asset Management for £17.5m.

In a bid to grow SVG Advisers’ investment base and expand the business, SVG Capital has agreed to sell a 50.1% stake to Aberdeen Asset Management for £17.5m.

The media gathered in Westminster to watch MPs quiz senior buyout executives about the private equity industry’s tax and business practices.

Should secondaries funds be eyeing London-listed private equity trusts? Plus, Wellcome Trust's focus on existing managers and the timing of Qiming's latest fundraise. Side Letter will be back again on Tuesday. Until then, here’s today's brief, for our valued subscribers only.

CPPIB is positioning itself as a provider of more than just LP capital, Michael Woolhouse, the pension plan's head of secondaries and co-investments, told PEI at the beginning of the year.

Wealth managers have become ‘more risk tolerant of late’ and have sought more exposure to listed private equity stocks.

The Swiss private equity firm will be renamed Schroder Adveq.

More than 6,400 votes were cast in PEI’s annual awards, recognising the firms, deals and advisors that shaped the industry in 2016.

The firm smashed the $3.6bn target for the fund which was used to launch the hostile takeover bid on SVG Capital.

In an effort to trump a £748m preliminary agreement SVG reached with rival suitors Goldman Sachs and CPPIB, HarbourVest has also offered to buy the London-listed private equity investor's entire portfolio, but for at least £783.1m.