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SGT German Private Equity GmbH & Co. KGaA: SGT German Private Equity generates significant profit with its private equity investments

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EQS-News: SGT German Private Equity GmbH & Co. KGaA

/ Key word(s): Quarterly / Interim Statement

SGT German Private Equity GmbH & Co. KGaA: SGT German Private Equity generates significant profit with its private equity investments

24.11.2022 / 11:28 CET/CEST
The issuer is solely responsible for the content of this announcement.

+++ Press release +++
 

SGT German Private Equity generates significant profit
with its private equity investments
 

Frankfurt/Main, 24 November 2022 – SGT German Private Equity (SGF), a listed private equity asset manager, achieved a very good performance with its private equity investment portfolio in the third quarter of 2022, already recording a value gain of almost 40% or more than half a million EUR since inception on 1 June 2022. The private equity investment portfolio has outperformed the NASDAQ by more than 50% within the same period. With its private equity investment portfolio, SGF co-invests in private equity funds managed by its wholly owned subsidiary SGT Capital Pte. Ltd. (SGTPTE), which to date has completed one private equity transaction, the acquisition of Utimaco, a strongly growing, highly profitable global market leader for high-end cyber security software, co-headquartered in Aachen, Germany and Campbell, California, USA.

SGTPTE aims to generate superior returns by driving the internationalisation of mid-market businesses in combination with more traditional private equity value creation strategies. The above-average initial performance achieved by the SGTPTE funds leads to expect positive impact on its further fundraising.

 

About SGT German Private Equity

SGT German Private Equity is a Germany-based listed private equity asset manager with registered office in Frankfurt/Main. Its 100% subsidiary SGT Capital Pte. Ltd. is a global alternative investment and private equity asset manager headquartered in Singapore.

SGT Capital Fund II, with a geographical focus on Europe and North America (fund lifetime ten years), invests in market leaders and utilizes its proprietary expertice to further globalize the businesses, particularly into Asia markets.  SGT has targeted fundraising volume of 2 to 3 billion USD. The management team has many years of senior experience at renowned addresses – global private equity houses, management consultancies and investment banks. SGT Capital currently manages its issued Private Equity Funds, and a joint venture with an Asian financial services provider, in a total volume of more than 800 million USD.

From its origin as a leading German venture capital provider under the German Startups Group brand SGT German Private Equity also holds a heritage portfolio of minority stakes in some promising German Startups.

 

Investor Relations Contact

Rosenberg Strategic Communications
Dirk Schmitt
d.schmitt@rosenbergsc.com
+49 170 302 8833

24.11.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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