SVG Capital, a UK-listed private equity investment manager, has revealed it invested nearly twice as much as it gained last year with a heavy emphasis on dealmaking before the bubble in cheap credit burst in July.

In its preliminary annual results for the 12 months to the end of December, SVG said it invested £581m (€756m) to deals agreed last year, primarily arranged by third-party private equity manager Permira, with another £165m awaiting the closure of these investments.