SVG Capital has reported an increase of 23 per cent in net asset value per share to 480p for the six months ended 30 June 2013.
This compares to a return of five per cent for MSCI World Index and eight per cent for the FTSE 350 for the same period.
The company has seen GBP101m of capital returned to shareholders in the six month period with a further GBP267 m targeted over the next 23 years.
The sale of 50.1 per cent of SVG Advisers to Aberdeen Asset Management and the formation of a three year strategic alliance, Aberdeen SVG, added 17p to the NAV per share.
SVG has reported a total return on its investment portfolio of 19 per cent for the period.
Investments in Aberdeen SVG funds and SVG Investment Managers funds have increased 14 per cent over the period.
Since 30 June 2013, quoted portfolio and FX movements have added a further 34p to NAV per share – adjusted NAV per share of 514p (as at 7 August 2013).
Lynn Fordham (pictured), chief executive of SVG Capital, says: "SVG Capital has continued to build on the positive momentum of the last few years as we further implement our strategy. We have a portfolio of high quality assets that continue to report good revenue and earnings growth. We are confident that the high quality management teams at the portfolio companies will continue to deliver growth for investors as we look to broaden our vintage year exposure with new commitments and co-investments alongside funds.
"We are also pleased to have completed the strategic reviews of our two fund management businesses, crystallising the value in these businesses for our shareholders with the sale of 50.1 per cent of SVG Advisers to Aberdeen Asset Management and the agreed sale of SVG Investment Managers to Hansa."
