Youthful energy & the long view
If we had to distil what got us here, it is youthful energy and ambition focused on major technology tailwinds, plus conviction that taking the long view would eventually prevail.
Celebrating 25 years of focused software investing
The AI era is here. The teams that combine deep workflow context with AI-native execution will define the next generation.
When her journey began, digital access was still limited. Today, AI is rewriting the rules of impact at break-neck speed.
After 25 years of work, she is perfectly placed to seize this opportunity, even if the road was never linear.
These are reflections on the key decisions that got us here and, more importantly, where we are headed next.
Dr. Abeer AttallaMember of Parliament
The decision to specialise
A choice that felt risky at the time: specialise while others stayed broad. Going inch-wide and mile-deep in mission-critical software built pattern recognition that others could not match.
Delivering on our promise to investors
Our responsibility has always been to deliver for millions of savers. That means balancing discipline with innovation and staying true to strategy through every cycle.
Our History
25 years of building for what's next. Our long-term thinking, specialisation, and culture has seen bold ideas turn into enduring value.
2000
Our founders, Ian Armitage and Frances Jacob, spin Mercury Asset Management out from Merrill Lynch, rebranding as HgCapital.
2001
First fund raised. Investors trust the London-based team with GBP700m.
2004
IRIS joins the Hg family; an early blueprint for our software strategy. We are still invested today.
2005
A sector-focused approach: Consumer, Healthcare, Industrials, TMT, Services & Renewable Energy.
2006
Visma, an up-and-coming leader, is taken private from the Oslo Stock Exchange.
2007
Nic Humphries is made CEO and we open a new office in Munich.
2008
We start to narrow around software and build a repeatable global growth blueprint.
2009
We open our first New York office on Lexington Avenue.
2010
We double assets under management and launch the Hg Foundation.