Investment portfolio

Mercury TMT

In addition to the TMT team investing in the existing HgCapital buyout fund, HgCapital has further invested in its European TMT investment capability by the development of HgCapital Mercury Fund and the Mercury Team.

The Trust has made a £60 million commitment to this new fund, specialising in TMT investments with an Enterprise Value of between £20 and £80 million. This is an area where the Manager has historically made many profitable investments and has now set up a dedicated team focused on this niche.

This dedicated fund is intended to target smaller buyouts in the same thematic TMT sub-sectors but with significant incremental resources added to the existing HgCapital sector team. The addition of Mercury alongside the existing TMT team further reinforces the scale and capability of HgCapital within this sector.