Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

SGT GERMAN PRIVATE EQUITY GMBH & CO. KGAA

(SGF)
SummaryQuotesChartsNewsCompany 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

SGT German Private Equity GmbH : - Subsidiary German Startups Group VC exits two of its portfolio companies

04/09/2021 | 06:34am EDT

[Link]

+++ Press release +++

SGT German Private Equity - Subsidiary German Startups Group VC exits two of its portfolio companies

  • Significant capital gains and sales proceeds
  • More exits and trade sales expected within the portfolio of shareholdings
  • Progress in fundraising for its new private equity fund

Frankfurt/Main, 9 April 2021 - The German Startups Group VC GmbH, 100% subsidiary of SGT German Private Equity GmbH & Co. KGaA based in Frankfurt/Main (SGF), a listed private equity asset manager, sells two of its portfolio companies and gains a low seven-digit sales proceed each. With both sales of shareholdings, German Startups Group VC realizes capital gains compared to both the book value as well as to the acquisition costs. German Startups Group VC is expecting further exits and trade sales of portfolio companies in summer 2021.

Regarding its fundraising activities, SGT Capital Pte. Ltd., another 100% subsidiary of SGF, continues to make good progress and, despite ongoing pandemic-related delays, has gained further investor commitments for its new private equity fund. It still expects a so-called 'first close' of the fund in the second quarter of 2021. For the first close, the company still intends to have at least 1 billion USD capital under management. More than two thirds of this amount have now already been confirmed, plus intentions for another 350+ million USD.

Investor Relations Contact
SGT German Private Equity
Florian Dammann
ir@sgt-germanpe.com
www.sgt-germanpe.com

Click here for PDF version

More information at https://www.sgt-germanpe.com/ and http://www.sgt-capital.com/

Disclaimer

SGT German Private Equity GmbH & Co. KGaA published this content on 09 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 April 2021 10:33:00 UTC.


ę Publicnow 2021
All news about SGT GERMAN PRIVATE EQUITY GMBH & CO. KGAA
06/25DGAP-DD : SGT German Private Equity GmbH & Co. KGaA english
DJ
06/23SGT GERMAN PRIVATE EQUITY GMBH : – Major fundraising milestone imminent
PU
06/23SGT GERMAN PRIVATE EQUITY GMBH & CO. :
EQ
06/23PRESS RELEASE : SGT German Private Equity GmbH & Co. KGaA:
DJ
06/18SGT GERMAN PRIVATE EQUITY GMBH : – Majority shareholder buying shares
PU
06/18PRESS RELEASE : SGT German Private Equity GmbH & Co. KGaA: SGT German Private Eq..
DJ
06/18SGT GERMAN PRIVATE EQUITY GMBH & CO. : SGT German Private Equity - Majority shar..
EQ
06/04DGAP-DD : SGT German Private Equity GmbH & Co. KGaA english
DJ
05/10Kings 3D Printer announced that it has received CNY 100 million from group of..
CI
04/27SGT GERMAN PRIVATE EQUITY GMBH : - Slight loss in 2020 and confident outlook
PU
More news
Chart SGT GERMAN PRIVATE EQUITY GMBH & CO. KGAA
Duration : Period :
SGT German Private Equity GmbH & Co. KGaA Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SGT GERMAN PRIVATE EQUITY GMBH & CO. KGAA
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Managers and Directors
Christoph Gerlinger Co-Chief Executive Officer & Co-Managing Director
Carsten Geyer Co-Chief Executive officer & Co-Managing Director
Gerhard A. Koning Chairman-Supervisory Board
Martin Korbmacher Deputy Chairman-Supervisory Board
Markus Kronenberghs Member-Supervisory Board