SVG Capital, the quoted investment trust part-owned by private equity firm Permira, has seen distributions from its portfolio leap by two-and-a-half times last year's levels. Distributions for the first six months of this year reached £175.8m (€264m).

The increase in net assets was driven by significant distributions from the portfolio and several material valuation increases, including New Look, the UK fashion retailer, Inmarsat and Intelsat, both satellite operators, debitel, a European mobile operator, and Memec, a semiconductor distributor.