HG CAPITAL TRUST PLC (HGT)

I attended the Annual General Meeting of HgCapital (as they now like to spell it) today (13/5/2015) held at their offices next to City Hall in London. There were about a dozen ordinary shareholders present - the start time of 10.00 am is not ideal for private investors as I told the directors, although tea/coffee and breakfast snacks were provided. Pity I am on a diet. Roger Mountford, the Chairman, commenced by introducing the board. We then went straight into a presentation ...

Today I visited central London to attend the Annual General Meeting of HG Capital Trust PLC at their offices next to Tower Bridge and HMS Belfast. HG Capital is a mid-market (£20-500 million) private equity firm with £5.6 billion of client assets under management, focused primarily on Northern Europe. HG Capital focuses on the healthcare, industrial, services, tech/media/telecom and renewable energy infrastructure sectors as opposed to focusing on a particular region but across all sectors. HG Capitals share price has risen over ...

Summary In this report I cover: Background information on HGT, its modus operandi and my investment rationale Attendance and environment of the AGM A presentation delivered by HgCapital CEO Nic Humphries, and questions thereon Corporate governance matters at HgCapital Trust Formal Business of the Meeting Background HG Capital Trust Plc (LSE:HGT) is the UK’s best performing private equity (PE) investment trust over a 3, 5 and 7 year timeframe. Over 10 years, it has earned investors a 15.7% annual compound TSR. I have been ...