Slaughter and May is advising SVG Capital plc on an agreement to sell its public equities business, SVG Investment Managers to Hansa Aktiengesellschaft ('Hansa'), a Swiss based international investor with more than US$1.8 billion of assets.

The transaction, which was announced on 12 August 2013, is due to complete later this year and is subject to regulatory approval. Hansa will also acquire SVG Capital's stakes in certain funds managed by the SVG Investment Managers' team.

CONTACTS
Corporate and Commercial: Padraig Cronin (partner), Louise Campbell (associate), Michael Chapman (trainee); Tax: Tony Beare (partner), James Olsen (associate)