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  • Tetragon sells 16.1% Equitix stake to Hunter Point Capital

Tetragon sells 16.1% Equitix stake to Hunter Point Capital

Author

Max Greenstein
June 16, 2025

  • Equitix is a London-based infrastructure asset manager with over £11.7 billion

  • HPC is acquiring a 16.1% stake at an implied enterprise value of £1.3 billion, excluding net debt from two shareholders: ~14.6% from TFG Asset Management (Tetragon's alternative asset manager) and 1.5% from Equitix management

  • TFG Asset Management originally acquired 85% of Equitix in 2014 for £159.5 million

  • HPC was rumored to be amongst the final bidders two months ago

  • Advisors: Tetragon (Bank of America, Dechert LLP), HPC (Latham & Watkins), Equitix (Ashurst)