The manager
HgCapital began life as Mercury Private Equity (MPE), the private equity arm of Mercury Asset Management plc, a long established listed UK-based asset management firm which was bought by Merrill Lynch in 1997. In December 2000, MPE negotiated its independence from Merrill Lynch as HgCapital and became established as a fully independent firm owned by its partners and employees, who work together with a common purpose and culture.
In an effort to continue its successful evolution, HgCapital has progressively strengthened the central foundations of the firm’s investment approach to establish a significant competitive advantage across an investment’s life cycle, through top-down sector research, deal flow, evaluation, conversion, post investment management and exit.
The firm’s core tactical advantages are derived from a combination of deep sector focus, proactive portfolio management and the application of significant manpower, skills and experience across the life of the investment.
HgCapital endeavours to combine a market leading business model with disciplined thematic investment processes and a team of experienced, talented and motivated professionals.
With nearly 100 employees in two investment offices in the UK and Germany, HgCapital is owned 100% by its partners and has assets under management of £3.7 billion.
HgCapital’s largest client is HgCapital Trust plc. Established in 1989, the Trust appointed HgCapital as its investment manager in 1994.
