HgCapital Trust plc

Overview

HgCapital Trust plc is a UK-listed investment trust that offers investors access to Hg's diversified portfolio of unquoted companies. The trust aims to deliver consistent long-term returns by investing predominantly in unquoted businesses where value can be created through strategic and operational change. HgCapital Trust plc is the largest client of its manager, Hg, providing a liquid investment vehicle for exposure to Hg's network of unquoted investments. Hg focuses on building enduring software and services leaders that transform how people work, with a strong European heritage and a scaled presence across North America. The trust's investment strategy involves investing in or alongside private funds managed by Hg, which in turn invest in a portfolio of companies. Hg believes it can add value through increasing organic growth, generating operational improvements, driving margin expansion, reorganisation, or acquisition to achieve scale. This approach aims to maximise opportunities and reduce investment risk by holding a spread of businesses diversified by end-market and geography. The trust's portfolio includes investments in sectors such as technology, services, industrials, consumer durables, apparel, renewable energy, hotels, restaurants, leisure, and more. The geographical focus includes the United Kingdom, Germany, France, Benelux, and the Nordic countries. The trust seeks to invest between £100 million and £500 million in its portfolio companies, with a preference for taking majority stakes. The investment stages include buyout, growth, late stage, and pre-IPO. The trust's investment philosophy is centred on creating value through strategic and operational change, aiming to deliver superior risk-adjusted returns for its investors. The trust is managed by Hg Pooled Management Ltd, a subsidiary of Hg, a leading global private equity investor in software and services. Hg has a long-term track record of delivering superior risk-adjusted returns for its investors, with a focus on building businesses that change the way we all do business through deep sector specialisation and dedicated operational support. The trust's shares are listed on the London Stock Exchange under the ticker symbol HGT.L. Investors can access the trust's portfolio through the HgCapital Trust website, which provides information on the trust's investments, performance, and investor relations. The trust's investment objective is to invest in or alongside private funds managed by Hg, which in turn invest in a portfolio of companies where Hg believes it can add value through increasing organic growth, generating operational improvements, driving margin expansion, reorganisation, or acquisition to achieve scale. This approach aims to maximise opportunities and reduce investment risk by holding a spread of businesses diversified by end-market and geography. The trust's investment philosophy is centred on creating value through strategic and operational change, aiming to deliver superior risk-adjusted returns for its investors. The trust is managed by Hg Pooled Management Ltd, a subsidiary of Hg, a leading global private equity investor in software and services. Hg has a long-term track record of delivering superior risk-adjusted returns for its investors, with a focus on building businesses that change the way we all do business through deep sector specialisation and dedicated operational support. The trust's shares are listed on the London Stock Exchange under the ticker symbol HGT.L. Investors can access the trust's portfolio through the HgCapital Trust website, which provides information on the trust's investments, performance, and investor relations.

Investment Focus

• Preference for majority stakes

Portfolio Companies