HgCapital Trust is looking to hold on to its best assets for longer than the typical period of three to five years in private equity, amid signs that investors want buyout firms to take a longer-term perspective on their investments.

The Trust's board said in its interim results for the six months to June 30 that it had been discussing for "some time" holding on to its best assets so that it "can remain as fully invested as possible". The trust is the FTSE-listed arm of mid-market buyout firm HgCapital.