MILAN — The largest investor in private equity group Permira Advisers LLP has written down its stake in Valentino Fashion Group by more than half, confirming a report in WWD.
London-based SVG Capital Plc said Thursday the value of its investment had declined 54 percent in 2008 to 78.6 million pounds, or $111.9 million — although this includes a provision following SVG’s decision to cap its commitment to the fund. SVG wrote down its total portfolio by two thirds.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)