26th Mar 2025 10:58
HgCapital Trust PLC - offers access to the private equity investments of manager Hg - On Tuesday, says it will invest a further GBP124 million into Linkoping, Sweden-based enterprise software firm IFS, alongside other clients of Hg. HgCapital had invested GBP114.2 million into IFS and WorkWave, another software firm, back in 2022. HgCapital has GBP329 million in liquid resources available for investment, 13% of net asset value at the end of February of GBP2.5 billion. HgCapital Trust will release its first-quarter results in May.
Current stock price: 501.00 pence, up 0.9% in London on Wednesday
12-month change: up 4.7%
By Tom Waite, Alliance News editor
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