Comments on: HgCapital Trust: A Tech Trust In Disguise

By: ITinvestor

ITinvestor — Thu, 15 Jul 2021 10:43:05 +0000

In reply to ITinvestor. HG has launched a podcast series where its managers talk to some of the people running the trust's major investments. Only five 20-minute episodes published so far but something else to add to my listening list! https://hgcapital.com/insight/orbit-an-hg-podcast/

By: ITinvestor

ITinvestor — Sat, 03 Oct 2020 12:06:03 +0000

In reply to Nick. Harbourvest seems a lot more diversified than HGT so I think you'd expect it to be steadier and less spectacular. Not a bad combination to have. And SMT has obviously knocked it out of the park, especially over the last year.

By: Nick

Nick — Sat, 03 Oct 2020 11:32:32 +0000

I have some shares in HG, and also in Harbourvest. HG has definitely been the better investment, and was up 10% in a day a few weeks ago following a transaction, although Harbourvest has done okay, without shooting the lights out. In general I am very positive on private equity although, as you say, the costs are not cheap. I also have some additional PE exposure through SMT’s investments in unlisted securities.

By: M

Sat, 19 Sep 2020 14:03:56 +0000

Correct, “recommendation” is the wrong word- I just went over all the ITs in your portfolio and picked the ones I liked, this was one of them. Anyway, keep up the great work.

By: ITinvestor

ITinvestor — Thu, 17 Sep 2020 14:33:34 +0000

Glad you made some money M. But I would stress that nothing I write about here should be considerd a recommendation for someone else to buy!

By: M

Thu, 17 Sep 2020 13:41:12 +0000

I invested some money in it as well because of your recommendation … thanks a bunch 🙂