Money Makers

UPDATE: This trust fired its management team in 2025 and appointed Redwheel to look after its portfolio. It was then delisted in April 2026 to undertake a managed realisation strategy as a private company.

HydrogenOne Capital Growth (ticker: HGEN) joined the London market in July 2021, raising £107m that included a £25m cornerstone investment from INEOS Energy. Its shares were initially strongly rated and HGEN raised a further £21.5m from investors in April 2022. Over the past year, its shares have suffered the same fate as many other specialist trusts and have sunk to a large discount as inv...