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Pomona and Pantheon enter the battle for SVG

Listed private equity investor 'agrees in principle' to sell chunk of portfolio to the duo in bid to see off HarbourVest hostile bid

Pomona and Pantheon enter the battle for SVG

A US secondaries firm and a fund-of-funds manager have emerged as potential bidders for a chunk of SVG Capital's portfolio, a day after Goldman Sachs and the Canada Pension Plan Investment Board were confirmed to be interested in tabling an alternative to HarbourVest's takeover bid for the UK-listed private equity investor.

SVG, in a statement on October 4, said it had agreed "in principle" to sell 50% of the investment portfolio to Pomona and Pantheon for £379 million.

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