Investment Trusts

HgCapital Trust Plc

HGT:LSE

HgCapital Trust Plc

Actions
  • Price (GBX)472.00
  • Today's Change1.50 / 0.32%
  • Shares traded3.11m
  • 1 Year change-9.06%
  • Beta0.5903
Data delayed at least 20 minutes, as of Feb 17 2026 16:35 GMT.
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About the company

HgCapital Trust PLC is a United Kingdom-based investment company. The investment objective of the Company is to provide shareholders with consistent long-term returns in excess of the FTSE All-Share Index by investing predominantly in unquoted companies where value can be created through strategic and operational change. The investment policy of the Company is, in summary, to invest in or alongside private funds managed by the manager, which in turn invest in a portfolio of companies. It seeks to provide investors with consistent long-term capital appreciation by investing predominantly in unquoted software and services businesses where value can be created through strategic and operational change. It invests in and often operates across multiple countries but is substantially in Europe, with a minority based in North America. Its investment manager is Hg Pooled Management Limited.

  • Revenue in GBP (TTM)89.66m
  • Net income in GBP78.28m
  • Incorporated1980
  • Employees0.00
  • Location
    HgCapital Trust Plc2 More London RiversideLONDON SE1 2APUnited KingdomGBR
  • Phone+44 207 089 7888
  • Fax+44 207 089 7999
  • Websitehttps://www.hgcapitaltrust.com/
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Profile

Management group(s)Hg Pooled Management Ltd
AIC sectorPrivate Equity
ISINGB00BJ0LT190
Launch date13 Dec 1989
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

To invest in or alongside private funds managed by Hg, which in turn invest, in a portfolio of companies, where Hg believes that it can add value through increasing organic growth, generating operational improvements, driving margin expansion, reorganisation or acquisition – to achieve scale. In this way, HgT seeks to maximise its opportunities and reduce investment risk by holding a spread of businesses diversified by end‑market and geography.

Managed by

Nic Humphries, Matthew Brockman, Justin Von Simson

Management & contract fees

Management fee 1.5% p.a. of NAV. Performance fee allows for a carried interest of 20% of the excess annual growth in average NAV over an 8% preferred return, based on a three year rolling average NAV. Contract terminable on 2 years notice.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
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(5 yr growth rate)
Caledonia Investments plc220.30m185.30m1.82bn76.009.960.6076--8.250.34980.34980.41345.740.0737--26.542,898,684.006.2010.986.2411.3185.61--84.1191.97----0.0018.67-58.68---67.57---7.793.79
Allianz Technology Trust PLC152.78m141.51m1.85bn0.0014.091.11--12.090.37120.37120.40184.720.0891------8.2518.108.2618.2294.0194.7092.6394.01----0.000.009.7729.599.4930.08----
JPMorgan American Investment Trust PLC92.47m79.62m1.87bn0.0025.271.05--20.210.43770.43770.514410.500.0473--38.31--4.0715.844.1115.9791.0397.5186.1095.87----0.03765.8146.9619.4748.2219.48--11.10
TP ICAP Group PLC2.33bn175.00m1.89bn5.21k11.920.9886.950.81070.2130.2132.992.570.323--6.79447,964.702.201.345.272.41----6.823.58--9.750.3351101.572.834.21125.6820.0414.171.40
Rathbones Group PLC1.01bn64.40m1.99bn3.52k38.511.4214.011.960.56880.56888.5515.440.20--405.36285,867.401.271.404.175.3988.5789.076.358.27----0.7363117.1349.5921.4574.6719.4625.835.85
Greencoat UK Wind PLC-11.51m-146.89m2.04bn0.00--0.6573-----0.0653-0.0653-0.00511.43-0.0022-------2.826.85-2.997.07--92.79--78.54---0.45530.356160.57-73.69-7.12-143.91----7.60
Murray International Trust plc154.68m134.39m2.11bn0.0015.941.24--13.640.22430.22430.25672.880.0853--13.85--7.416.707.426.8993.5191.3786.8886.23----0.060552.07-3.42-5.29-3.90-6.02--1.98
HgCapital Trust plc89.66m78.28m2.15bn0.0027.510.872--24.000.1710.1710.19595.400.0367--0.5562--3.2014.453.2014.4896.3099.0887.3095.46--17.210.009.810.93146.622.425.87--25.03
Fidelity European Trust PLC63.58m38.69m2.20bn0.0045.331.04--34.580.09490.09490.15564.130.0376--4.71--2.298.262.298.2971.2689.9560.8486.41--19.860.0027.05-85.18-30.29-95.49-45.48--7.06
JTC PLC330.89m-18.83m2.23bn1.93k--4.37161.746.75-0.1158-0.11581.982.970.3342--4.74171,890.90-1.902.69-2.102.93-----5.698.432.912.510.472285.1818.6225.20-133.25--22.8118.80
HarbourVest Global Private Equity Ltd295.25m250.79m2.24bn1.20k9.060.7399--7.603.453.454.0642.240.0871----246,039.307.4010.837.4210.8486.6795.2684.9494.11----0.1197--75.48-2.1272.11-5.64----
HICL Infrastructure PLC125.20m120.40m2.28bn0.0019.390.7656--18.180.06160.06160.06331.560.0406--417.33--3.905.103.915.10--99.9496.1797.70----0.00103.0342.05-0.62850.49-1.50--0.00
International Public Partnerships Ltd162.47m126.26m2.33bn0.0018.950.8648--14.310.06790.06790.08661.490.058--3.23--4.503.954.523.9879.9977.3777.7274.11----0.00127.12-44.97-25.57-98.33-67.98--3.16
Bridgepoint Group PLC559.10m57.80m2.34bn513.0043.462.3018.004.190.06130.06130.54221.160.1513--0.24451,089,864.001.904.162.215.02----12.5424.05--5.650.70481.7733.1220.17-8.3517.53-4.67--
Monks Investment Trust PLC506.90m485.20m2.38bn0.005.350.9214--4.692.762.762.7116.020.1742--31.24--16.675.5217.105.6796.4490.3295.7288.50----0.07682.93-98.51-39.26-104.21-----27.52
Ninety One PLC713.90m158.00m2.44bn1.27k13.345.3514.143.420.18220.18220.82310.45430.0555--2.98580,406.501.231.5729.4735.4385.3183.7922.1322.68----0.172770.690.3153-1.66-8.42-0.6916-19.97--
Data as of Feb 17 2026. Currency figures normalised to HgCapital Trust Plc's reporting currency: UK Pound GBX
Data Provided by LSEG
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