Hanover Investors’ Catalyst Fund nominated for leading industry award
LONDON, UK - MARCH 10, 2022
The Hanover Catalyst Fund (HCF) has been nominated in the prestigious 2021 EuroHedge Awards.
The Fund, which is primarily focused on small cap UK and Nordic public companies that are under-analysed or under-appreciated, has been selected alongside four others in the “New Fund of the Year - Equity Strategies” category.
HCF generates returns by taking high conviction equity positions with a long-term time horizon, seeking to own influential stakes in companies that can compound capital over many years. The team performs intensive due diligence exceeding that of other investors in small cap markets. The strategy seeks good quality, cash generative businesses that are undervalued versus their potential.
In 2021 HCF delivered just over a 30% net return, approximately 10% more than the relevant UK and Nordic small cap benchmark indices.
“We are delighted that the Hanover Catalyst Fund has been nominated in the 2021 EuroHedge Awards. It reflects the differentiated nature of our approach in the market because of our ability to apply private equity style due diligence, supported by the core Hanover investment team – a rarity in the public markets.” commented Brian Cullen, Hanover Investors Portfolio Manager. “HCF’s performance is also driven by our access to one of the most alpha-rich market segments in the world, where illiquidity and limited independent research allow for sustainable differentiated returns.”
Hanover Investors also has private equity funds, Hanover Active Equity and II, the latter of which is now fully invested following the acquisition of eCOGRA, a leading independent and internationally approved testing and certification agency for the online gambling industry, in December 2021.
The 2021 EuroHedge Awards, organised by With Intelligence, take place next Thursday, March 17th.