Profile data is unavailable for this security.
About the company
HICL Infrastructure PLC is a United Kingdom-based long-term investor in infrastructure assets which are predominantly operational and yielding steady returns. Its investment proposition is to deliver sustainable income and capital growth from a diversified portfolio of investments in core infrastructure. Its investment policy is to ensure a diversified portfolio which has a number of similar-sized investments and is not dominated by any single investment. It seeks to acquire infrastructure equity with similar risk/reward characteristics to the current portfolio, which may include (but are not limited to) Public sector, government-backed or regulated revenues; Concessions which are predominantly availability based (i.e. the payments from the concession do not generally depend on the level of use of the project asset); and/or Companies in the regulated utilities sector. It has a portfolio of over 100 infrastructure investments. Its investment manager is InfraRed Capital Partners Limited.
- Revenue in GBP (TTM)125.20m
- Net income in GBP120.40m
- Incorporated2018
- Employees0.00
- LocationHICL Infrastructure PLC OrdOne Bartholomew Close, Barts SquareLONDON EC1A 7BLUnited KingdomGBR
- Phone+44 20 3818 0246
- Websitehttps://www.hicl.com/
Profile
| Management group(s) | InfraRed Capital Partners Ltd |
|---|---|
| AIC sector | Infrastructure |
| ISIN | GB00BJLP1Y77 |
| Launch date | 29 Mar 2006 |
| Share type | Ordinary Share |
| Structure | Investment Trust |
| Base currency | GBP |
Objective
To deliver sustainable income and capital growth from a diversified portfolio of investments in core infrastructure.
Managed by
| Edward Hunt, Ross Gurney-Read, David Williams, Mohammed Zaheer |
|---|
Management & contract fees
Fees payable to the manager include the tapered management fee (1.1% for assets up to GBP 750m, 1.0% for assets between GBP 750m and GBP 1.5bn, 0.9% for assets between GBP 1.5bn and GBP 2.25bn 0.8% for assets above GBP 2.25bn and 0.65% for assets above GBP 3bn; plus GBP 0.1m p.a. advisory fee). Agreements can be terminated with 36 months notice.
Mergers & acquisitions
| Acquired company | HICL:LSE since announced | Transaction value |
|---|---|---|
| The Renewables Infrastructure Group Ltd | -0.34% | 2.65bn |
Peer analysis
| Company | Revenue (TTM) | Net income (TTM) |
|---|---|---|
| TP ICAP Group PLC | 2.33bn | 175.00m |
| Caledonia Investments plc | 220.30m | 185.30m |
| JPMorgan American Investment Trust PLC | 92.47m | 79.62m |
| HgCapital Trust plc | 89.66m | 78.28m |
| Rathbones Group PLC | 1.01bn | 64.40m |
| Murray International Trust plc | 154.68m | 134.39m |
| Greencoat UK Wind PLC | -11.51m | -146.89m |
| HarbourVest Global Private Equity Ltd | 295.60m | 251.09m |
| Bridgepoint Group PLC | 559.10m | 57.80m |
| Fidelity European Trust PLC | 63.58m | 38.69m |
| JTC PLC | 330.89m | -18.83m |
| HICL Infrastructure PLC | 125.20m | 120.40m |
| International Public Partnerships Ltd | 162.47m | 126.26m |
| Ninety One PLC | 713.90m | 158.00m |
| Monks Investment Trust PLC | 506.90m | 485.20m |
| Templeton Emerging Markets Inv Trust plc | 522.30m | 490.15m |
