Buyout strategy: Hg a IRR of 33%

Louis Flamand, Chief Investment OfficerAltaroc with Nic Humphries, senior partner and executive chairman of Hg gain insight into the historical performance of the firm—which specializes in technology investments and is part of theAltaroc Odyssey Vintage .

“We have an investment multiple of 3.3 and an IRR 33%,” says Nic. (Figures as of December 7, 2023)

*Source: Pitchbook - Global LBO Growth Equity - December 31, 2023. ForOdyssey Vintage , 2022, and 2023 Vintage funds, the mature funds managed by the 15 selected managers generated an average net return of 2.26x and IRR of 21.8% IRR arithmetic mean of the net returns of funds from Vintage ), which exceeds the threshold required to rank in the first quartile (2.06x / 21.7%) for the Vintage . A fund is classified in the first quartile when its net return exceeds that of 75% of the funds in its Vintage.