SVG Capital to sell investment portfolio to HarbourVest: Reuters

Britain's SVG Capital agreed to sell its investment portfolio to HarbourVest for about US$991 million after the private equity firm elbowed out a Goldman Sachs Group-led consortium with a sweetened offer, Reuters reported. The firm had previously accepted an offer of about US$950 million from Goldman Sachs and the Canada Pension Plan Investment Board for the portfolio.

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