Deals

The two firms have agreed to acquire 50 percent of SVG’s portfolio with just over a day and a half to go before shareholders must decide whether to accept a rival offer from HarbourVest.

The US-based private markets investment firm noted that SVG has missed its own deadline to update the market on talks with potential rival bidders.

The bank is in talks with Houlihan Lokey to explore the sale of private equity, real estate and infrastructure stakes valued at as much as $2bn, PEI's sister title Secondaries Investor has learned.

A shareholder in the company since July 2014, the Hong Kong-based private equity firm bought TA Associates’s majority stake as it looks to expand the brand in Asia and across the globe.

The London-listed private equity investor, the target of a £1bn unsolicited bid from HarbourVest, said it is in ‘detailed’ talks with the Goldman group just four days before HarbourVest’s first close deadline.

KKR and Permira among those named in Private Equity International’s annual celebration of the industry’s best value creation stories.

The Paris-based buyout house has reached its target for the fund, and is on-track to hold a final close by year-end.

The pan-African firm is acquiring a 49% stake for $55m from AfricInvest and the founding family.

In its defence document published Thursday, the London-listed private equity investor repeated its recommendation that shareholders reject HarbourVest’s 650p-a-share offer.

PEI weighs up the possibilities, using sister title Secondaries Investor’s SI 30, a ranking of the world’s top secondaries firms by capital raised in the past five years, as a starting point.