Key facts
- Mark O’Hare’s family investment firm, Valhalla Ventures, has acquired shares in HgCapital Trust Plc.
- Valhalla Ventures now holds a 7.2% stake in HgCapital Trust Plc.
- The stake is valued at approximately $200 million.
Mark O’Hare’s family investment firm, Valhalla Ventures, has acquired a significant stake in HgCapital Trust Plc, a publicly traded trust focused on technology buyouts. The move marks a new investment strategy for O’Hare following the sale of his data provider, Preqin, to BlackRock Inc. last year.
The investment by a prominent figure like Mark O'Hare into a major buyout firm's listed trust signals continued confidence in the private equity sector and highlights the strategic capital allocation of family offices post-major liquidity events.
Mark O’Hare, the founder of private-capital data provider Preqin, is increasing his investment in the buyout firm Hg through his family office, Valhalla Ventures. This strategic move follows BlackRock Inc.'s acquisition of Preqin last year for £2.6 billion, one of the UK's largest takeovers. Valhalla Ventures has made multiple acquisitions of shares in HgCapital Trust Plc, a publicly traded entity focused on technology-focused buyouts. Regulatory filings indicate that Valhalla now controls 7.2% of HgCapital Trust Plc, with its holding valued at approximately $200 million. This latest purchase, disclosed on Thursday, is part of a broader strategy by O'Hare to build out his investment activities after the sale of his previous venture.
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