What is the relationship between SVG Capital and Permira?
SVG Capital is a major investor in Permira’s private equity funds and Permira Capital Limited holds 12 million shares in SVG Capital. However, the Groups are run and managed independently.
What is the relationship between SVG Capital and Aberdeen SVG?
Aberdeen SVG is jointly owned by Aberdeen Asset Management (Aberdeen Asset Management owns 50.1% of Aberdeen SVG Private Equity) and SVG Capital. Aberdeen SVG advises the Board of SVG Capital on its assessment of investment of opportunities and investment strategy.
Who advises SVG Capital?
Aberdeen SVG Private Equity Advisers Limited, advises the Board on its assessments of investment opportunities and investment strategy.
How does SVG Capital make investment decisions?
The Board is responsible for ensuring that the company operates within the guidance set out in its financing and investment strategy and will allocate any capital for reinvestment, deleveraging or return to Shareholders on an ongoing basis. An investment committee will oversee the management of the assets of the business.
How do I invest in SVG Capital?
You should speak to a financial adviser or stockbroker.
Do I qualify for capital gains tax relief if I invest in SVG Capital?
SVG Capital is not a Venture Capital Trust (VCT), therefore investors in SVG Capital do not qualify for capital gains tax relief.
How often are the net assets valued?
The portfolio is valued twice a year, in December (for the 12 month period) and June (for the six month period). However, from 30 September 2010 the Company started to publish quarterly net asset value updates. This adjusted net asset value is based on a revaluation of the net investment portfolio (adopting the Permira Funds’ Quarterly valuations).
Does SVG Capital pay dividends?
SVG Capital has the ability to pay dividends. However, its investment objective is one of capital growth and it is anticipated that any returns for shareholders will derive primarily from the capital appreciation of its ordinary shares rather than from dividend income.
Who are the major shareholders?
As at 31 December 2012:
Coller Investment Management Limited
Aegon Investment Management BV
Schroder Investment Management, Schroder Channel Islands Limited, Schroder & Co Limited
OZ Management LP and Och-Ziff Management Europe
Permira Capital Limited
Standard Life Investments
AVIVA Investors Global Services Ltd
Threadneedle Asset Management
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