Hg, the Manager of HgCapital Trust plc (“HgT”), today announces an investment in Empyrean Solutions, a leading provider of risk and performance management software for financial institutions.

HgT will invest approximately £11.7 million in Empyrean Solutions, with other institutional clients of Hg investing alongside HgT through the Hg Mercury 4 Fund.

HgT, whose shares are listed on the London Stock Exchange, gives private and institutional investors the opportunity to participate in all Hg’s investments.

Note that these figures only relate to HgT’s share of Hg’s overall investment in Empyrean Solutions.

HgT’s liquid resources available for future deployment (including all announced transactions and the interim dividend paid in October 2024, and the £347 million undrawn balance on the bank facility) are estimated to be £418 million (17% of the pro-forma 30 September 2024 NAV of £2.4 billion).

The investment will reduce HgT’s outstanding commitments to invest in Hg transactions to approximately £681 million (28% of the pro-forma 30 September 2024 NAV).

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