Goldman, CPPIB eye deal for SVG investment portfolio
October 06, 2016
London, UK | PE/Buyout
Goldman Sachs and the Canadian Pension Plan Investment Board have made an offer to acquire the investment portfolio of SVG Capital, one day after SVG announced plans to sell half of its investment portfolio for £379 million and cease operations by the end of 2017. SVG is “urgently” evaluating the offer, according to a release, as a sale process that began with a hostile takeover bid from HarbourVest Partners last month continues to unfold.