SVG Net Asset Value Rises 3 Percent on New Investment Focus
- Net asset value per share was 606 pence in the quarter
- Company plans a buyback program of up to 50 million pounds
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SVG Capital Plc, the private-equity fund backer, said its net asset value per share rose 3 percent in the first nine months of the year as the company’s post-2012 investments grew.
SVG’s net asset value was 1 billion pounds ($1.5 billion) or 606 pence per share in the quarter ended in October, the company said in a statement Friday. That’s unchanged from the figure the company reported for the previous quarter.