SGT German Private Equity (SGT) reported a €0.7m net loss in FY20 compared to €3.7m loss in FY19 (excluding the deconsolidated Exozet). The company finalised its merger with SGT Capital in January 2021 and expects the first close of the PE fund in the coming weeks with c US$1.0bn in funds and subsequently to start collecting management fees. SGT expects to close several PE transactions on companies with an enterprise value of €200–800m by the end of FY21 and the asset management business should ....
16 Jun 2021
SGT German Private Equity - PE fund first close expected shortly
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
SGT German Private Equity - PE fund first close expected shortly
SGT German Private Equity GmbH & Co. KGaA (GAI:ETR) | 0 0 1.8% | Mkt Cap: 20.9m
- Published:
16 Jun 2021 -
Author:
Milosz Papst -
Pages:
5
SGT German Private Equity (SGT) reported a €0.7m net loss in FY20 compared to €3.7m loss in FY19 (excluding the deconsolidated Exozet). The company finalised its merger with SGT Capital in January 2021 and expects the first close of the PE fund in the coming weeks with c US$1.0bn in funds and subsequently to start collecting management fees. SGT expects to close several PE transactions on companies with an enterprise value of €200–800m by the end of FY21 and the asset management business should ....