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Hugo Boss recap helps SVG to strong 2013

Permira's biggest investor reports 31.5% increase in NAV per share after netting £111.5 million from the recap of Hugo Boss' holding company

SVG Capital, Permira’s biggest investor, announced a strong set of 2013 results today, boosted by the dividend recap of Hugo Boss which netted it £111.5 million.

Net asset value per share, a key indicator of portfolio worth, increased by 31.5% over the year to 514.5p as of December 31, according to an interim management statement from the London-based listed fund of fund manager.

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