Close Video


HgCapital Trust plc (LSE:HGT) gives investors exposure through a liquid vehicle to a portfolio of high-growth private companies in the software and services sector. The selection of new investments and creation of value in these businesses are managed by Hg, an experienced and well-resourced private equity firm with a long-term track record of delivering superior risk-adjusted returns for its investors.

HGT has assembled a portfolio of more than 35 companies, sharing similar characteristics, yet differing in size and maturity. This creates a natural environment for knowledge-sharing, creating a network effect to drive best practices and value-creation initiatives – ‘ the power of the portfolio’. This approach enables the underlying businesses to benefit from being part of one larger organisation, while retaining their own identity with each management team, incentivised by their own success.


  • Dr Jim Strang (NE Chairman): NED at The Business Growth Fund, senior adviser the the private equity group at Bain & Company
  • Richard J. Brooman (Independent NED)
  • Anne West (Senior Independent NED)
  • Peter Dunscombe (Independent NED)
  • Pilar Junco (NED)
  • Ms Helena Coles (NED)


P&L31 Dec 2022
31 Dec 2021
Net Asset Value (£~000)c.2,100,0002,005,724
Full Year Dividend/ Share7p7p
Balance Sheet30 June 2023
31 Dec 2022
Total fixed asset investments1,675,0261,752,509
Cash at bank39,03152,315
Total current assets496,649479,240
Net Assets2,165,6022,089,965

Major Shareholders

Schroder & Co- 8.55%
M&G IM – 5.26%
Hargreaves Lansdown – 4.97%
Oxfordshire County Council – 4.40%
Rathbones IM – 4.33%
Embark Investment Services – 4.16%
Interactive Investor – 3.90%
Brewin Dolphin – 3.24%

Media Coverage

Shares Magazine (July 2022)
“Going cheap: investment trusts trading on wider than normal discounts. Mid and small cap trusts are among the parts of the market offering bargains.”

Daily Telegraph (Sep 2021) Questor
“Questor investment trust bargain: HgCapital may not boast the share price discount of many rivals but its returns have been spectacular.”

Macro Indicators

Investors Chronicle (June 2022): “Private equity steps up plc bargain hunt” 

“Buyout funds lead the latest bidding round for UK companies, with international competitors making most of the moves.”

    Submit your details to be kept up to date with announcements regarding Hg Capital Trust PLC (FTSE 250)

    We have a strict data protection policy and will not share your details with external parties.