SGT Capital Seeks Return of EUR 9,989,792.88 from TGS24

SGT Capital GPs, acting on their own behalf and not as general partners of any SGT Capital funds, issued clawback notices to recover a total of EUR 9,989,792.88, which TGS24 Capital Pte. Ltd., a wholly owned subsidiary of The Payments Group Holdings (PGH), was obligated to return to the relevant SGT Capital GPs following the separation between SGT Capital and PGH. The clawback due date is 31 October 2024.

This matter concerns only the general partners’ personal funds and has no impact on the funds or the operations of the SGT Capital group.

About SGT Capital

SGT Capital Group is a global private equity firm that generates top decile performance for its investors by driving the internationalisation of mid-cap market leading businesses in combination with more traditional private equity value creation strategies. With offices and portfolio company presence in London (United Kingdom), Zug (Switzerland), Frankfurt (Germany), Dubai (UAE), San Francisco (CA, USA), and Singapore, SGT Capital is led by Joseph Pacini, Carsten Geyer, Dr Marcel Normann, Marianne Rajic and Jens Dino Steinborn. The principals of SGT Capital are seasoned professionals from market leading private equity, asset management, investment banking, and consulting firms, bringing over 100 years of investment experience and experience in managing more than USD$ 35 billion in alternative assets under management.

For further inquiries, please contact:
investor-relations@sgt-capital.com