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About the company
HgCapital Trust PLC is a United Kingdom-based investment company. The investment objective of the Company is to provide shareholders with consistent long-term returns in excess of the FTSE All-Share Index by investing predominantly in unquoted companies where value can be created through strategic and operational change. The investment policy of the Company is, in summary, to invest in or alongside private funds managed by the manager, which in turn invest in a portfolio of companies. It seeks to provide investors with consistent long-term capital appreciation by investing predominantly in unquoted software and services businesses where value can be created through strategic and operational change. It invests in and often operates across multiple countries but is substantially in Europe, with a minority based in North America. Its investment manager is Hg Pooled Management Limited.
- Revenue in GBP (TTM)89.66m
- Net income in GBP78.28m
- Incorporated1980
- Employees0.00
- LocationHgCapital Trust Plc2 More London RiversideLONDON SE1 2APUnited KingdomGBR
- Phone+44 20 7089 7888Fax+44 20 7089 7999
- Websitehttps://www.hgcapitaltrust.com/
Profile
| Management group(s) | Hg Pooled Management Ltd |
|---|---|
| AIC sector | Private Equity |
| ISIN | GB00BJ0LT190 |
| Launch date | 13 Dec 1989 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
Objective
To invest in or alongside private funds managed by Hg, which in turn invest, in a portfolio of companies, where Hg believes that it can add value through increasing organic growth, generating operational improvements, driving margin expansion, reorganisation or acquisition – to achieve scale. In this way, HgT seeks to maximise its opportunities and reduce investment risk by holding a spread of businesses diversified by end‑market and geography.
Managed by
| Nic Humphries, Matthew Brockman, Justin Von Simson |
|---|
Management & contract fees
Management fee 1.5% p.a. of NAV. Performance fee allows for a carried interest of 20% of the excess annual growth in average NAV over an 8% preferred return, based on a three year rolling average NAV. Contract terminable on 2 years notice.
Peer analysis
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|---|---|---|
| Personal Assets Trust PLC | 168.57m | 152.91m |
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| Caledonia Investments plc | 220.30m | 185.30m |
| JPMorgan American Investment Trust PLC | 92.47m | 79.62m |
| HgCapital Trust plc | 89.66m | 78.28m |
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