Fintech PR
Hg launches Fusion to enable investors access to Hg’s investment strategies through a single investment
- Fusion is an open-ended and long-term capital investment opportunity.
- With one single commitment, Fusion provides access to funds managed by Hg, one of the largest PE firms in Europe with a 30+ year heritage and track record of consistently delivering over 3x returns for investors.
- Fusion is managed by Hg Wealth, a dedicated team formed in 2022 to provide investment opportunities exclusively to private banks, family offices, individuals in Hg’s immediate network and their advisors.
- Today Hg supports a resilient portfolio of over 50 software and services businesses, worth over $135 billion aggregate enterprise value – an equivalent size to the second largest software company in Europe – consistently growing revenues and profits at more than 20% annually.
- Since the start of 2022, Hg’s investment performance has remained robust, with the firm realising capital across 22 liquidity events, held by several Hg institutional funds, at an aggregate return to clients of 3.5x multiple of money and a net IRR of over 30 per cent.
LONDON, Oct. 24, 2023 /PRNewswire/ — Hg, a leading investor in European and transatlantic software and services businesses, today announces the launch of Fusion, an open-ended and long-term capital investment opportunity that provides non-US individuals with the opportunity to access Hg’s funds, as well as co-investments in companies alongside Hg’s funds.
Individual investors hold roughly half of global assets under management, yet only 16% of total global assets are invested in alternative investment funds[1]. Fusion represents one of the first ‘private wealth’ offerings from a specialised and sector-focused private equity firm, paired with bespoke service and client support.
Martina Sanow, Partner and Head of Hg Wealth, said: “More private investors are looking to diversify their investment portfolio into high performing and resilient sectors. Meanwhile, the growth of private capital means that high quality software and services businesses are staying private for longer, making it hard for investors to access them through public markets. Fusion provides a solution to this, offering private investors a way to invest in a growing portfolio with very low volatility that has significantly outperformed public markets.”
Fusion will be managed by Hg Wealth, a dedicated team formed in 2022 to provide investment opportunities exclusively to private banks, family offices, individuals in Hg’s immediate network and their advisors, and other eligible non-US-investors looking to diversify their portfolios in private equity.
Hg is one of the top three largest private equity firms in Europe[2] with a 30-year heritage and a track record of delivering consistent, top quartile net returns to investors. This enduring performance is achieved through a focus on a high quality and resilient businesses, providing critical software applications or workflow services for many thousands of businesses globally. Hg supports these businesses and entrepreneurial leaders with deep knowledge and operational expertise within this sector, as well as local transatlantic presence.
Justin von Simson, Managing Partner, Senior Leadership Team, at Hg, said: “Our strategy is centred around backing sectors characterised by long term digitisation trends, that are in early stages of adoption and set to transform the workplace for professionals for the next few decades. Embracing a long-term perspective, we strive to build a lasting and thriving franchise. This thinking shapes how we invest in our firm, back our portfolio companies and build relationships with clients and partners, with a strategy centred around consistency and continuous improvement.”
Steven Batchelor, Partner, Senior Leadership Team, at Hg, said: “We are delighted to create yet another innovative and exciting access point for potential Hg investors, in addition to our well-established institutional funds and HgCapital Trust plc[3], which has, relative to the FTSE All-Share Index, performed very strongly on the London stock exchange for over 20 years and is a member of the FTSE 250. The feedback we are getting from many of our own HNW clients and family offices is that Fusion helps further complement and enhance the versatility of their investment options with Hg.”
Hg Fusion has been established in partnership with S64, integrating its private markets technology platform to deliver scalable access and end-to-end lifecycle management for wealth clients across Europe and Asia.
To find out more about how private investors could gain access to Hg’s investment opportunities, visit www.hgwealth.com
About Hg
We support the building of sector-leading enterprises that supply businesses with critical software applications or workflow services, delivering a more automated workplace for their customers.
This industry is characterised by digitization trends that are in early stages of adoption and are set to transform the workplace for professionals over decades to come. Our support combines deep end-market knowledge with world class operational resources, together providing compelling support to entrepreneurial leaders looking to scale their business – businesses that are well invested, enduring and serve their customers well.
With a vast European network and strong presence across North America, our 400 employees and $65bn in funds under management support a portfolio of more than 50 businesses, worth over $135 billion aggregate enterprise value, with over 100,000 employees, consistently growing revenues at more than 20% annually. If you’d like to see more, check us out at www.hgcapital.com.
[1] Bain and Company Global Private Equity report 2023: https://www.bain.com/insights/topics/global-private-equity-report/
[2] PEI300: https://www.privateequityinternational.com/pei-300/
[3] https://www.hgcapitaltrust.com/about-us/performance
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VILNIUS, Lithuania, Jan. 13, 2025 /PRNewswire/ — The ARMswap team is thrilled to announce the launch of its 1st version of its DeFi protocol. The web3 world is booming with numerous layer-1 and layer-2 blockchains, each having their unique algorithms and capabilities. However, their closed architecture hinders seamless interaction and information flow between networks, creating inefficiencies. ARMswap’s launch addresses this fundamental inefficiency in the current blockchain architecture and introduces a more optimized version of the multi-directional cross-chain swaps and bridges.
Simplifying Cross-Chain Transactions
“The fragmentation of blockchain networks has been a critical issue, and users were compelled to navigate through various DEXs and third-party bridges to perform a single cross-chain transaction,” notes the CTO of ARMswap. “ARMswap’s launch represents a watershed moment in addressing this fragmentation that has constrained Defi’s evolution.”
ARMswap’s architecture, validated through rigorous security audits by the leading Blockchain security firm Hashlock, combines advanced cryptographic protection for user funds. ARMswap’s protocol delivers secure and rapid swap/bridge operations, setting new industry benchmarks for transaction processing efficiency.
The platform supports 31 blockchains and their native coins in its V1 launch in Jan 2025, with plans for expansion to include more blockchains every quarter.
In V2, ARMswap will integrate with protocols like Chainlink, Axelar network, Layer zero, Wormhole, etc., to provide extensive coverage of EVM & non-EVM chains. In V3, Armswap will introduce its own framework for relayers and oracles for seamless interoperability across Web3.
ARMSP Fair Launch
ARMswap is launching its utility token, ARMSP, in Jan 2025, incentivizing liquidity providers to actively participate in the ecosystem and to share platform and pool returns with the platform participants.
ARMswap is also releasing its DeFi Mobile App (IOS & Android) in March 2025, enabling users to connect their existing wallets and perform swap transactions and participate in liquidity pools and rewards.
Limited Supply
Join the ARMswap V1 platform and participate in the ARMSP token Fair Launch on 13th Jan 2025, with a limited supply of 400 million tokens out of 1.25 billion max supplies. Early participants can enjoy bonuses and earn rewards through the ARMswap MVP program. After a 12-month vesting period, ARMSP will be listed on all major exchanges globally.
About ARMswap:
ARMswap UAB simplifies cross-chain asset transfers and brings the power of Web3 and the de-centralization of blockchains into our daily lives and businesses.
Website: www.armswap.com
For Media Inquiries:
Contact Name: Husnain Aslam
Title: Chief Technology Officer
Email: [email protected]
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Fintech PR
Pricer and Focal Systems Announce Strategic Collaboration to Drive the Next Step in Physical Store Digitalization
Pricer, a global leader in digital shelf-edge solutions, and Focal Systems, a leader in shelf-edge AI, today announced a strategic collaboration to accelerate the digitization and optimization of the physical store for retailers worldwide.
STOCKHOLM, Jan. 13, 2025 /PRNewswire/ — This collaboration brings together Pricer’s innovations in dynamic pricing and shelf-edge communication with Focal Systems’ advanced computer vision and product availability solutions to maximize shopper satisfaction while optimizing retail operations.
As a pioneer in enabling dynamic pricing and digitizing shelf-edge shopper communication, Pricer has led the first step of the retail digitalization journey. Focal Systems has pioneered the application of computer vision to digitizing what products are available on-shelf or not in near real-time. Together, Pricer and Focal Systems will empower retailers to improve labor efficiency, reduce out-of-stocks, increase sales, and enhance shopper satisfaction like never before.
Enhancing the Shelf Edge Through Collaboration
By integrating Focal Systems’ AI-powered shelf vision cameras with Pricer’s leading electronic shelf label (ESL) platform, retailers will benefit from:
- Real-Time Shelf Insights: Automated detection and alerting of out-of-stock or low items powering rapid replenishment and increased shopper satisfaction
- Dynamic Task Automation: Streamlined workflows and prioritized tasks to improve operational efficiency for store staff.
- Patented Innovation: Camera-based out of stock detection and communication, flashing ESLs, alternate location communication.
- Seamless Integration: Standardized API connections that deliver out-of-the-box value, offering synchronized ESL flashes, messaging updates, and shelf-edge intelligence.
Together, Pricer and Focal Systems demonstrate that the combined offerings deliver measurable value for the retailers by enabling a fully digitalized shelf-edge ecosystem.
Strategic Collaboration for the Future of Retail
“We are proud to combine our leadership in ESL technology with Focal Systems’ AI-powered shelf vision,” said Chris Chalkitis, CDO at Pricer. “Both companies share a belief in the digitalization of the physical store. Pricer has been a pioneer in dynamic pricing and shelf-edge communication. With Focal Systems, we take the next step, digitizing what’s on the shelf – and what’s not – to drive greater efficiency and performance for retailers.”
Focal Systems’ AI technology transforms retail operations through real-time shelf monitoring and replenishment task optimization.
“Partnering with Pricer, a global leader with groundbreaking ESL technology and innovation, creates tremendous value for retailers,” said Kevin H. Johnson, CEO at Focal Systems. “Together, we deliver an integrated, data-driven solution that reduces operational complexity, automates workflows, and enhances the in-store experience. We look forward to demonstrating this powerful collaboration to retailers and their customers.”
Showcasing the Future at NRF 2025
The collaboration will officially debut at the National Retail Federation (NRF) Big Show in January 2025, where Pricer and Focal Systems will showcase the integrated solution at Pricer’s booth. This marks the beginning of an exciting journey to redefine the shelf edge and set new standards for retail innovation.
For further information, please contact:
Chris Chalkitis, Chief Digital Officer, +46 70 4849812
Finn Wikander, Chief Product Officer, +46 705 233077
[email protected]
About Pricer
Pricer is a leading global provider of digital shelf-edge solutions, helping retailers optimize pricing, improve operational efficiency, and enhance the customer experience. With patented innovations like camera-based product identification by ESL, Pricer continues to set the standard for dynamic, intelligent shelf-edge solutions. For more information, visit www.pricer.com.
About Focal Systems
Focal Systems is a leading provider of AI-powered computer vision solutions, helping retailers automate operations and optimize product availability through real-time shelf monitoring. Its advanced technology delivers actionable insights that drive efficiency and profitability. For more information, visit www.focal.systems.
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
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View original content:https://www.prnewswire.co.uk/news-releases/pricer-and-focal-systems-announce-strategic-collaboration-to-drive-the-next-step-in-physical-store-digitalization-302349036.html
– Office to corporation conversion reinforces local operations heightening global competitiveness
SEOUL, South Korea, Jan. 13, 2025 /PRNewswire/ — KT&G (KRX : 033780) is establishing a corporation in Uzbekistan handing local operations for earnest market expansion and increased profitability, aiming to strengthen competitiveness in the Eurasian region.
In 2023, KT&G set up an office in Uzbekistan and entered the market with the superslim brand “ESSE”.
Through the corporation conversion of the Uzbekistan office, KT&G plans to reinforce long-term competitiveness in the Eurasian region. To increase market presence, KT&G will increase the size of the local workforce by four times, and continue to widen distribution coverage by establishing detailed operational networks.
KT&G also plans to grow “ESSE” as a major brand in the Uzbekistan market, anticipating revenue and profit growth from market expansion.
KT&G has established regional CIC’s (Company-In-Company) in Eurasia and the Asia-Pacific regions to facilitate global business expansion. KT&G currently is operating in 132 countries across the globe through six sales corporations and three branches. Going forward, KT&G will continue to expand its global corporations to support direct global operations and continue efforts to increase profitability.
A KT&G spokesperson said that “the establishment of the Uzbekistan corporation is part of the ongoing investment and innovation for the leap to a ‘Global Top-Tier.’ KT&G will continue its global growth trends by reinforcing local operations.”
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View original content:https://www.prnewswire.co.uk/news-releases/ktg-establishes-uzbekistan-corporation-strengthening-eurasian-market-competitiveness-302348712.html
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