Investing in Hg

30+ years history of investing

Hg was founded in 1990 as Mercury Asset Management and then became part of Merrill Lynch Asset Management (MLAM) in the late 90s. In 2000, the partners spun the business out of MLAM to become Hg, a fully independent leveraged buyout firm. The business remains 100% owned by its partners today.

Read our 2023 RI Report

HgCapital Trust plc

Listed on the London Stock Exchange (HGT.L), HgCapital Trust provides listed equity investors with exposure to a diversified portfolio of private equity investments managed by Hg.

HgCapital Trust plc ('HGT') is the largest investor in Hg.

This is the most liquid way to invest in the Hg portfolio. HGT is a FTSE 250 London-listed company.

Hg Wealth

Hg Wealth provides alternative investment services to private investors, unlocking opportunities to invest in Europe’s largest portfolio of software and technology businesses. This service offers bespoke access to a suite of investment strategies managed by Hg, available exclusively to private banks, family offices, individuals in Hg’s immediate network and their advisors, and other eligible non-US-investors looking to diversify their portfolios in private equity.

Hg is a leading software and services investor, focused on building enduring businesses and backing businesses that change how we all do business, through deep sector specialisation and dedicated operational support.

Hg’s objective is to pursue investment theses supporting long-term growth, leveraging its expertise working with software and services businesses to implement initiatives designed to maximise organic expansion, as well as through strategic M&A, over typical hold periods of approximately five years or longer.

Top

software investor in Europe

2nd

largest software company in Europe (by combined EV)

3rd

largest PE firm in Europe (by capital raised in the past 5 years)

3.3x

MOIC on all realised software and services investments

Hg has led over 200 investments in the software and services sector during the last 30 years. This focus means we have developed an institutional expertise and a deep understanding of the sectors and businesses in which we invest.

Hg Institutional Investors

Hg has over $75 billion in funds under management and invests on behalf of over 200 Limited Partner clients from around the world. These clients are sophisticated, world-class institutional investors, ranging in size and type, all seeking to achieve superior, absolute and risk-adjusted returns over the long-term.

Saturn - scaling enduring businesses

Hg Saturn invests in deal situations typically requiring over $1 billion in equity and we aim to make between eight to ten investments in the latest fund.

Genesis - creating enduring businesses

Hg Genesis invests in deal situations typically requiring over €500 million in equity and we aim to make between ten to twelve investments in the latest fund.

Mercury - transforming founder-built businesses

Hg Mercury invests in deal situations typically requiring over €100 million in equity, aiming to make between ten to twelve investments in the latest fund.