By and  on March 9, 2009

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.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus