SVG Capital says Goldman, CPPIB propose to buy portfolio: Reuters
British private equity firm SVG Capital Plc said it received a proposal from a consortium that included Goldman Sachs Group Inc and the Canadian Pension Plan Investment Board to acquire its investment portfolio, Reuters reported. SVG, which is fending off a US$1.35 billion bid from U.S. rival HarbourVest, said it was "urgently" evaluating the proposal. The statement comes a day after SVG said it would sell half of its investment portfolio for US$483.11 million and wind down operations by the end of 2017.
5 October 2016•2 mins read
