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Private equity firm Hg raises £1.5bn for big software deals

Hg has made more than 45 investments in software companies over the past 15 years

London-based private equity firm Hg has raised £1.5bn for its debut fund investing in large-cap software companies.

The fund, Hg Saturn, will back software businesses based in Europe worth over £1bn, Hg said in a statement.

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