Steven Batchelor, a Partner, the Chief Operating Officer and a Board Director at Hg in London, discusses strategic alignment between private equity managers and their clients with Adams Street’s Gregory Holden, Partner, Secondary Investments. The conversation took place at the Adams Street European Investor Conference in London on June 23, 2022. Hg specializes in private equity investments in the software sector.
00:00: Introduction, company origins and evolution of Hg
07:30: Client feedback and its impact on investment strategy, growth and culture
14:30: Co-investments and strategy expansion within framework of existing competencies
19:27: Transparency and managing potential conflicts of interest between strategies, investor groups
23:44: The rationale for secondary market investments
27:15: Finding equilibrium between LP and GP interests