UK - Listed private equity fund of funds SVG Capital has posted a decline in net assets per share of 64.3%, in what the company's chairman Nicholas Ferguson called "the most difficult period in the company's history".
In a statement unveiling the firm's preliminary unaudited results for 2008, Ferguson said the dramatic fall in public markets comparable earnings multiples and share prices that impacted valuations...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
