SVG chief hails 'excellent progress'

SVG Capital lifted the value of net assets by 25 per cent to some 394p in the first half to June after a good performance from private equity group Permira, which accounts for about 80 per cent of its investments.

By The Newsroom

Published 12th Aug 2011, 15:45 BST

Updated 13th Aug 2011, 02:09 BST

Rises in the value of fashion chain Hugo Boss and gambling group Galaxy Entertainment drove the improvement, SVG said yesterday. Chief executive Lynn Fordham added: "This is another period of excellent progress for the company."