Fund of Funds

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SVG Capital

SVG Capital is a listed fund of funds manager based in London, UK. It manages approximately $1.6 billion in assets across 17 funds, primarily focused on...

SVG Capital logo

SVG Capital

SVG Capital is a listed fund of funds manager based in London, UK. It manages approximately $1.6 billion in assets across 17 funds, primarily focused on European investments.

General information

Firm type

Generic

Year founded

2000

Location

Region

Europe

Country

United Kingdom

City

London

Corporate office

London, United Kingdom

Principals

Lynn Fordham

Chief Executive Officer

Sector focus

Private EquityInfrastructurePrivate Credit

Frequently asked questions

What was SVG Capital's relationship with Permira?

SVG Capital was one of the largest public-market vehicles for Permira exposure, holding substantial stakes across multiple Permira fund vintages. That relationship dominated the portfolio until the 2016 strategic review, when the Permira positions were sold to a consortium of buyers and SVG pivoted to a return-of-capital model.

How did the 2016 activist process reshape the firm?

After an activist firm aquired a stake and pushed for change, SVG Capital's board announced a managed realisation process. Permira fund interests were sold, and proceeds were ear-marked for shareholder returns. The firm shrank operationally and ceased active fundraising, with CEO Lynn Fordham overseeing the wind-down (per the firm's 2016 and 2017 public disclosures).

Does SVG Capital have any remaining portfolio value?

Public filings indicate that a residual minority portfolio of co-investments and tail-end fund interests remains outstanding, but the vehicle no longer reports material deployment activity. Investors should consult the most recent company filings for current residual net asset value.

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