Investment Trusts

HgCapital Trust Plc

HGT:LSE

HgCapital Trust Plc

  • Price (GBX)488.50
  • Today's Change-0.50 / -0.10%
  • Shares traded386.19k
  • 1 Year change43.05%
  • Beta0.5104
Data delayed at least 20 minutes, as of May 03 2024 16:36 BST.
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Profile data is unavailable for this security.

About the company

HgCapital Trust plc is a United Kingdom-based investment company. The 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. Its investments are focused on a range of specific sub-sectors within the software and technology-enabled business services in industry verticals where investment manager can utilize the full extent of its knowledge and experience. The policy of the Company is to invest, directly or indirectly, in a portfolio of unlisted companies. It seeks to maximize its opportunities and reduce investment risk by holding a spread of businesses diversified by end-market and geography. It is invested in 49 companies in various sectors, such as enterprise resource planning and payroll, automation and engineering, insurance, and others. Its investment manager is Hg Pooled Management Limited.

  • Revenue in GBP (TTM)247.91m
  • Net income in GBP230.52m
  • Incorporated1980
  • Employees0.00
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Profile

Management group(s)Hg Pooled Management Ltd
AIC sectorPrivate Equity
ISINGB00BJ0LT190
Launch date13 Dec 1989
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

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. HGT provides investors with exposure to a fast-growing network of unquoted investments, primarily in software and service businesses, located throughout Europe and North America.

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

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
Murray International Trust plc151.47m131.85m1.56bn0.001.56bn0.00
Witan Investment Trust plc206.42m181.48m1.60bn6.001.60bn6.00
Fidelity European Trust PLC262.10m238.69m1.60bn0.001.60bn0.00
Personal Assets Trust PLC39.06m20.74m1.65bn0.001.65bn0.00
Templeton Emerging Markets Inv Trust plc199.29m167.88m1.77bn0.001.77bn0.00
JPMorgan American Investment Trust PLC329.10m318.32m1.77bn0.001.77bn0.00
Mercantile Investment Trust PLC97.69m75.21m1.80bn0.001.80bn0.00
Caledonia Investments plc168.00m126.60m1.93bn74.001.93bn74.00
City of London Investment Trust plc140.56m127.17m2.08bn0.002.08bn0.00
Smithson Investment Trust PLC321.92m293.32m2.11bn0.002.11bn0.00
HgCapital Trust plc247.91m230.52m2.24bn0.002.24bn0.00
Petershill Partners PLC430.48m255.98m2.32bn0.002.32bn0.00
Renewables Infrastructure Group Ltd-24.20m5.80m2.47bn0.002.47bn0.00
HICL Infrastructure PLC73.10m68.20m2.48bn0.002.48bn0.00
Monks Investment Trust PLC20.25m-790.00k2.48bn0.002.48bn0.00
Jpmorgan Global Growth & Income PLC338.65m322.78m2.61bn0.002.61bn0.00
Data as of May 03 2024. Currency figures normalised to HgCapital Trust Plc's reporting currency: UK Pound GBX
Data Provided by LSEG
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