REG - HgCapital Trust PLC - New co-investments in OneStream and Septeo

HgCapital TrustAnnouncement

02/03/2026 07:00

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RNS Number : 8060U  HgCapital Trust PLC  02 March 2026

London, 2 March 2026: HgCapital Trust plc ("HgT") today announces new
co-investments in OneStream, Inc ("OneStream") and Septeo Group ("Septeo"),
totalling approximately £46 million.

 

On 6 January 2026, HgT announced that it would invest approximately £93m in
OneStream, investing alongside other institutional investors via the Hg Saturn
4 fund. Hg has subsequently completed the over-subscribed syndication of
$1.5bn of OneStream equity alongside the Hg Saturn 4 fund. As part of the
syndication, HgT will invest an additional $9 million (c. £7 million) in
OneStream as a co-investor, increasing its aggregate investment in OneStream
to approximately £100 million.

 

In a separate transaction, Hg has also signed the partial sell-down of over
€500 million of equity in Septeo at the 31 December 2025 valuation to a
group of institutional investors. As part of this transaction, HgT has taken
the opportunity to convert c.€45 million (c. £39 million) of its existing
NAV exposure in Septeo via the Hg Genesis 9 fund into fee-free co-investment,
by co-investing in a structure alongside the new investors coming into the
business.

 

Together these two transactions, both of which were agreed during a period of
heightened volatility in public markets, reflect continued demand in the
private markets for Hg's portfolio investments. The transactions have also
increased HgT's exposure to fee-free co-investments from c. 10% to 12% of the
estimated 31 December 2025 NAV.

 

-Ends-

 

For further information, please contact:

HgCapital Trust
Laura Dixon

laura.dixon@hgcapital.com (mailto:laura.dixon@hgcapital.com)

+44 78 2459 2894

 

George Crowe

george.crowe@hgcapital.com (mailto:george.crowe@hgcapital.com)

+44 7774 617 150

 

Cadarn
Lucy Clark
lucy@cadarncapital.com (mailto:lucy@cadarncapital.com)

+44 (0)7984 184 461

 

David Harris
david@cadarncapital.com (mailto:david@cadarncapital.com)

+44 (0)7368 883 211

 

Hg
Tom Eckersley

tom.eckersley@hgcapital.com (mailto:tom.eckersley@hgcapital.com)

 

Sam Ferris

sam.ferris@hgcapital.com (mailto:sam.ferris@hgcapital.com)

 

About HgCapital Trust plc

HgCapital Trust plc is an investment company whose shares are listed on the
London Stock Exchange (HGT.L). HGT gives investors exposure, through a liquid
vehicle, to a portfolio of high-growth unquoted companies, managed by Hg, an
experienced and well-resourced private equity firm with a long-term track
record of delivering superior risk-adjusted returns for its investors.

 

For further details, see hgcapitaltrust.com (http://hgcapitaltrust.com) and
hgcapital.com (http://www.hgcapital.com)

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