Hg is a private equity firm targeting technology buyouts primarily in Europe and the US. Hg focuses on investments in technology and services sectors. It invests out of its 8th £2.5 billion core fund and its 2nd £575 million Mercury fund, targeting smaller technology buyouts, both raised in February 2017.[2] Both funds were closed on their hard-caps and were more than 3x oversubscribed versus their targets, receiving strong re-ups from existing investors.[3] The company raised its 1st time £1.5B NAME_1 large-cap fund in March 2018[4] and in 2020 raised $11B across three funds, Mercury 3, Genesis 9 and NAME_1 2.[5]  Your entire response should be in English, and in all capital letters.
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