HGV ANNOUNCES APPOINTMENT OF NEW INVESTMENT MANAGER 

HGV appoints HD Capital Partners as Investment Manager

Hygrovest is pleased to advise that it has executed an Investment Management Agreement (“IMA” or “Agreement”) appointing HD Capital Partners Pty Ltd1 (“HD”) to act as Investment Manager of HGV’s investment portfolio. The appointment is for a term of five years.

HD is a value-oriented, fundamental bottom-up stock picker focussing on opportunities in listed small cap equities markets that arise from:

1. undervalued, well-managed growth companies, often founder-led, that are off the radar of the broader investment community;
2. investments in undervalued securities where HD seeks to realise value; and
3. investment situations that are dependent on a specific corporate action, such as mergers, liquidations, tender offers and divestments.

Read the full announcement here