Dossier
Hg
Coverage of Hg in the Nexus archive.
- Hg-backed Gen II targets $6bn sale
Hg-backed Gen II is targeting a $6 billion sale, with a New York-based group in preliminary talks to initiate a sales process in the second half of this year.
- PE Firm Hg Marks Down Fund Value by 9% After Software’s Plunge
Hg marked down the portfolio value of one of its funds by 9% due to a decline in software valuations. The decline is attributed to concerns over artificial intelligence's impact on the industry. This marks a significant drop, with software valuations reaching a 20-year low.