Is Hg collects $11 BN in Europe's largest buyout fund to close this year? (2024)

Is Hg collects $11 BN in Europe's largest buyout fund to close this year?

European private equity major Hg

has raised $11 billion for its latest fund, Saturn 3, significantly ahead of its original $8.5 billion and making it the largest European buyout fund to close so far this ear, according to a report by Private Equity International.

Is HG Capital Trust a good investment?

2023 was a banner year for private equity investor HgCapital Trust (HGT), continuing its strong run of outperforming the FTSE All-Share. Despite market volatility, the company posted a 26.2% share price total return last year, lifting its 10-year total return to an average of 18.8% per year.

How big is the Hg Partners fund?

Hg Institutional Investors

Hg has over $65 billion in funds under management and invests on behalf of over 200 Limited Partner clients from around the world.

Who owns the HG Capital?

In December 2000, the executives of Mercury Private Equity negotiated independence from Merrill Lynch, and HgCapital (as it was then known) was established as a fully independent partnership wholly owned by its Partners and employees, who together work with a common purpose and culture.

How big is the Hg Saturn 3 fund?

What is Hg Saturn 3's size? Hg Saturn 3 has a size of $11.1B.

How risky are venture capital trusts?

VCTs are considered high-risk because they invest in companies that are not well established. They are considered long-term holdings, and you should be prepared to stay invested in the shares for at least five years.

How much is Hg capital worth?

A European and transatlantic portfolio worth $140 billion+

Hg has over 400 employees across London, Munich, New York, Paris and San Francisco, a current portfolio of 54 businesses, worth $140 billion+ aggregate enterprise value, with around 110,000 employees globally, growing consistently at over 18% per year.

Where is HG Capital based?

Founded in 1990, Hg is a private equity firm based in London, United Kingdom. The firm seeks to invest in the financial services, healthcare, information technology, software, and SaaS businesses in Europe and North America regions.

How big is the latest Hg fund?

Rede Partners has announced that it has advised leading global software investor Hg on its latest fundraisings totalling $11 billion USD across three vehicles.

Where is HG Capital headquarters?

How many employees does HG Capital have?

400 employees, including c. 240 investment and portfolio management professionals, supported by a network of portfolio partners, all of them seasoned senior managers from across industry, who work with the management teams of the companies in which we are invested to create value for shareholders.

What does HG Capital invest in?

Hg is a leading investor in European and transatlantic software and services businesses. Hg focuses on building transatlantic champions that provide critical services for many thousands of businesses globally.

Who is the CFO of HG Capital?

Phil Marshall - Hg | Hg.

How big is the middle ground capital fund?

The firm closed its second flagship on $800 million and its debut Mobility Opportunity Fund on $459.5 million in 2021.

How big is a mega fund?

Private Equity Mega-Fund Definition: The “mega-fund” PE firms tend to have ~$100 billion or more in assets under management (AUM) and individual fund sizes of $10-15+ billion, and they execute deals with an average size of $1+ billion; these firms are also highly diversified in terms of geographies, industries, asset ...

How big is the 777 fund?

He is managing partner and director of investments and strategy at 777 Partners, an $8 billion private investment fund headquartered in Miami that he co-founded in 2015 alongside Steven Pasko, a former investment banker at Natixis Capital Markets, Bankers Trust, Salomon Brothers and Drexel Burnham Lambert, who made his ...

Are capital investments risky?

Capital risk is the possibility that an entity will lose money from an investment of capital. Capital risk can manifest as market risk where the prices of assets move unfavorably, or when a business invests in a project that turns out to be a dud.

Is venture capital drying up?

Late-Stage Deal Activity Continues to Decline

For all 2023, $80.4 billion was invested in 4,305 deals, which was down from the $94 billion invested in 4,687 deals in 2022. The lack of progress, exit activity and high interest rates created problems both for investors and founders of late-stage VC-backed companies.

Why is venture debt bad?

The interest rates on venture debt are typically higher than the interest rates on other types of loans, and companies often have to give up equity in their business in order to secure financing.

Who is the head of HG Capital North America?

Alan is Hg's Head of North America, a Partner and a member of Hg's Senior Leadership Team.

How much is Capital Group worth?

What is capital worth?

Capital is the money used to build, run, or grow a business. It can also refer to the net worth (or book value) of a business. Capital most commonly refers to the money used by a business either to meet upcoming expenses, or to invest in new assets and projects.

How big is the Hg Mercury investment?

What is HgCapital Mercury 3's size? HgCapital Mercury 3 has a size of $1.6B.

What are the names of the HG Capital Funds?

Hg can cover the entire market of software companies by having its three funds – large-cap-focused Saturn, mid-market fund Genesis and small-cap vehicle Mercury – active.

What is the Hg semi liquid offering?

The semi-liquid product will give investors access to funds managed by Hg via a single commitment. The firm has seen “very strong inbound interest from investors”, one of the sources said. Details of the fund structure including subscriptions and redemption windows, fees, minimum tickets and target returns are unknown.