HgCapital began life as Mercury Private Equity, the private equity arm of Mercury Asset Management plc, a long-established UK-based asset management firm. Mercury Asset Management was acquired by Merrill Lynch in 1997. In December 2000, the executives of Mercury Private Equity negotiated independence from Merrill Lynch, and HgCapital was created as a fully independent firm, wholly owned by its partners and employees, who together work with a common purpose and culture.
Today investment teams manage three investment funds, HgCapital 6, our latest mid-market buyout fund, RPP2 our renewable energy infrastructure fund and our most recent fund HgCapital Mercury, our TMT focused small buyout fund.
HgCapital is committed to being a responsible investor and, as such, is a signatory of the UN Principles for Responsible Investment.