Hg is a private equity firm targeting technology buyouts primarily in Europe and the US.

[1] Both funds were closed on their hard-caps and were more than 3x oversubscribed versus their targets, receiving strong re-ups from existing investors.

[7][8] Hg began life as Mercury Private Equity, the private equity arm of Mercury Asset Management plc, a long-established UK-based asset management firm.

In December 2000, the executives of Mercury Private Equity negotiated independence from Merrill Lynch, and HgCapital (as it was then known) was established as a fully independent partnership wholly owned by its Partners and employees, who together work with a common purpose and culture.

[10] In 2022, Hg Capital purchased Ideagen PLC, a UK GRC company, for £1 bn.