Permira

Permira is a British global investment firm specialised in buyout, growth equity and credit funds. Founded in 1985 as part of Schroders, it became independent in 1996. Operating as Permira since 2001, the company became one of the largest buyout specialists. As of today, Permira advises funds with total committed capital of €77 billion, which have invested in more than 300 companies worldwide. The company employs over 470 people in 15 offices across Europe, North America and Asia. History In the 1980s, J. Henry Schroder Wagg, a multinational asset management company, developed a concept for private equity funds to finance management buyouts. It operated as Schroder Ventures, headquartered in the UK. Nicholas Ferguson was appointed Chairman. In many European countries like Germany and Spain, the Schroders fund was the very first private equity fund to be launched. In 1996, Schroder Ventures staff from the UK, Germany, France, and Italy formed an independent company called Schroder Ventures Europe. It was renamed Permira in 2001 to reflect its separation from J. Henry Schroder Wagg. The Permira brand had been introduced earlier with the launch of the Permira Europe I and Permira Europe II investment funds. During the 1990s and 2000s, Permira became the largest private equity firm in the UK and Europe. The firm invested in companies such as Cognis and Premiere. These acquisitions attracted widespread public attention. In 2002, Permira opened its first US office in New York City. The firm also established a presence in Asia with its offices in Tokyo (2005-2022) and Hong Kong (2008).