Buyout strategy: Hg posts a historic IRR of 33%.

Published on

26/11/2024

Amended on

27/11/2024

minute(s)

Altaroc invests every year through its Vintage in private equity managers renowned for their solid historical performance. These managers belong to the world's top quartile, i.e. the top 25% of private equity players worldwide*.

Damien Hélène

This article has been automatically translated. Please excuse any inaccuracies or translation errors.

Louis Flamand,Altaroc 's Chief Investment Officer, spoke with Nic Humphries, Senior Partner and Executive Chairman of Hg to understand the historical performance of the firm specializing in technology investments and present in Vintage Altaroc Odyssey 2022.

"We have an investment multiple of 3.3. And an IRR of 33%," confides Nic (figures as at December 7, 2023).

*Source: Pitchbook - Global LBO & Growth Equity - 31/12/2023. For the Vintage 2021, 2022 and 2023 issues ofAltaroc Odyssey, the mature funds of the 15 selected managers have generated an average net performance of 2.26x and 21.8% IRR (arithmetic average of the net performances of the Vintage 1999-2018 funds), which is higher than the performance limit to be ranked 1st quartile (2.06x / 21.7%) for the Vintage 1999 to 2018. A fund is ranked 1st quartile when its net performance is higher than that of 75% of the funds in its Vintage category.

Buyout strategy: Hg posts a historic IRR of 33%.

Focus on The Access, a company in which the Group has invested Hg

Private equity continues to outperform other asset classes, including listed markets (France Invest)

Focus on The Access, a company in which the Group has invested Hg

team.blue strengthens its offering with the acquisition of Metricool, a Spanish social media specialist

Special report N°8 - Hg

Hg forecasts consolidation in the private equity industry

Focus on The Access, a company in which the Group has invested Hg

Visma is one of Europe's leading cloud software providers

Hg The current environment is highly conducive to business investment".

Hg forecasts consolidation in the private equity industry

Alan Cline (Hg): "the AI revolution is real".

Engineering, artificial intelligence, cybersecurity ... focus on the sectors of expertise of Hg

The technology sector and the challenges of sustainability

Who are the investors at Hg and what is their average investment?

Hg has invested in IFS, a pioneer in ERP solutions

Hg We thought we could be number 1 in Europe's software specialist market".

What is Hg 's differentiating strategy?

Hg is a leading investor in European and transatlantic software and services companies

The latest Hors-Séries

Special report N°7 - Nordic Capital

Special report N°8 - Hg

Special Summer 2024 feature