{"id":16636,"date":"2023-05-25T16:58:03","date_gmt":"2023-05-25T14:58:03","guid":{"rendered":"https:\/\/tpgholding.com\/?page_id=16636"},"modified":"2025-01-28T11:55:16","modified_gmt":"2025-01-28T10:55:16","slug":"press-release-of-24-may-2023","status":"publish","type":"page","link":"https:\/\/tpgholding.com\/index.php\/press-release-of-24-may-2023\/","title":{"rendered":"Press release of 24 May 2023"},"content":{"rendered":"<figure><a href=\"https:\/\/tpgholding.com\/wp-content\/uploads\/2021\/10\/SGT_Logo.png\" rel=\"attachment wp-att-15549\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/tpgholding.com\/wp-content\/uploads\/2021\/10\/SGT_Logo-300x72.png\" alt=\"SGT_Logo\" \/><\/a><\/figure>\n<p style=\"text-align: center;\">+++ Press release +++<\/p>\n<p style=\"text-align: center;\"><strong>SGT German Private Equity redeems 3.5 million treasury shares<br \/>\n<\/strong><\/p>\n<p><strong>Frankfurt\/Main, 24 May 2023 &#8211; <\/strong>SGT German Private Equity (SGF), a listed Private Equity asset manager, has redeemed its 3,500,000 treasury shares by management and supervisory board resolutions. The number of shares now amounts to 46,301,800.<\/p>\n<p>The free float is increased from 19.0% to 20.6% by this measure.<\/p>\n<p><strong>Investor Relations Contact<\/strong><br \/>\n<strong>Rosenberg Strategic Communications <\/strong><br \/>\nDirk Schmitt<br \/>\nd.schmitt@rosenbergsc.com<br \/>\n+49 170 302 8833<\/p>\n<p><strong>About SGT German Private Equity<br \/>\n<\/strong>SGT German Private Equity is a Germany-based listed private equity asset manager with registered office in Frankfurt\/Main. Its 100% subsidiary SGT Capital Pte. Ltd. is a global alternative investment and private equity asset manager headquartered in Singapore.<\/p>\n<p>SGT Capital Fund II, with a geographical focus on Europe and North America (fund lifetime ten years), invests in market leaders and utilizes its proprietary expertise to further globalize the businesses, particularly into Asia markets. SGT seeks to enhance the international capabilities of the businesses it acquires and increasing their global economies of scale.\u00a0 SGT has targeted fundraising volume of 2 to 3 billion USD. The management team has many years of senior experience at renowned addresses \u2013 global private equity houses, management consultancies and investment banks. SGT Capital currently manages its issued Private Equity Funds, and a joint venture with an Asian financial services provider, in a total volume of more than 800 million USD.<\/p>\n<div style=\"margin-left: 80px;\"><em>[The aforementioned joint venture unfortunately turned out be non-binding in February 2023]<\/em><\/div>\n<p>From its origin as a leading German venture capital provider under the German Startups Group brand SGT German Private Equity also holds a heritage portfolio of minority stakes in some promising German Startups.<\/p>\n<p><u><a href=\"http:\/\/tpgholding.com\/wp-content\/uploads\/2023\/05\/20230524_SGT-German-Private-Equity-redeems-3.5m-treasury-shares.pdf\" target=\"_blank\" rel=\"nofollow\" rel=\"noopener\">Click here for PDF version<\/a><\/u><\/p>\n<p>More information at <a href=\"https:\/\/tpgholding.com\">https:\/\/tpgholding.com<\/a>\u00a0and <a href=\"https:\/\/sgt-capital.com\/\">https:\/\/www.sgt-capital.com\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>+++ Press release +++ SGT German Private Equity redeems 3.5 million treasury shares Frankfurt\/Main, 24 May 2023 &#8211; SGT German Private Equity (SGF), a listed Private Equity asset manager, has redeemed its 3,500,000 treasury shares by management and supervisory board resolutions. The number of shares now amounts to 46,301,800. The free float is increased from [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-full-image.php","meta":[],"_links":{"self":[{"href":"https:\/\/tpgholding.com\/index.php\/wp-json\/wp\/v2\/pages\/16636"}],"collection":[{"href":"https:\/\/tpgholding.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/tpgholding.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/tpgholding.com\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/tpgholding.com\/index.php\/wp-json\/wp\/v2\/comments?post=16636"}],"version-history":[{"count":3,"href":"https:\/\/tpgholding.com\/index.php\/wp-json\/wp\/v2\/pages\/16636\/revisions"}],"predecessor-version":[{"id":17957,"href":"https:\/\/tpgholding.com\/index.php\/wp-json\/wp\/v2\/pages\/16636\/revisions\/17957"}],"wp:attachment":[{"href":"https:\/\/tpgholding.com\/index.php\/wp-json\/wp\/v2\/media?parent=16636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}