By  on October 23, 2013

BERLIN — Permira, the private-equity backer and major shareholder of Hugo Boss, has recapitalized Red & Black Lux Sarl, its investment holding company for the fashion company.

The move gives one of Permira’s largest investors, SVG Capital, cash in the amount of 110.9 million pounds, or $179.2 million, returning 47 percent of its initial investment. All conversions are at current exchange.

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