SGT German Private Equity - PE fund signs its first transaction
SGT German Private Equity (SGT) is continuing its transition from a venture capital (VC) investor to an asset manager after the merger with SGT Capital closed in early 2021. The private equity (PE) fund SGT Capital Fund II is raising capital and signed its first investment in H221. On deal closure, the asset manager is aiming to manage at least US$1.0bn (and has so far secured soft and hard commitments at this level) and will start collecting management, transaction and consulting fees and the fund will reach its first close. According to management, these revenues should cover the ongoing costs of this business for FY21. Meanwhile, the legacy VC portfolio (€20.3m at end-H121) is gradually being sold off.German Startups Group GmbH & Co KgaA. German Startups Group GmbH & Co KgaA is a Germany-based venture capital company. The Company invests in startup companies in the seed, early, mid and growth stages. In addition, the Company acquires secondary shares of startups from founders, business angels and early stage investors. Its portfolio includes Ayondo, Customer Alliance, Cybits, DaliaResearch, Delivery Hero, eWings.com, ePetWorld GmbH, Fanmiles, Fanmiles, Itembase, Juniqe, Lingoda, Medlanes, meinKauf, Mister Spex, Returbo, Shutzklick, Soundcloud, and Wummel Kiste, among others. In addition, the Company operates a majority stake in Exozet Berlin GmbH, through which, it offers its portfolio companies access to a range of services: realization of Web and applications, development of online marketing campaigns, consulting of brand development, modifying business models and selecting technology.
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.