Steven (Stephen) Batchelor
Co-CEO of Hg Capital, a European B2B software investor with large AUM, speaking on exit strategy, realization committees, and GP approaches to liquidity.
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Feb 20, 2026 • 34min
How an LP and a GP are approaching the slower exit environment
Steven Batchelor, Co-CEO of Hg Capital, a European B2B software investor, and Yangge Seaman, Head of Private Investments for Children’s Health, discuss how slower exits reshape liquidity. They cover realisation committees, secondary sales, continuation vehicles, NAV loans, and how LPs and GPs adapt governance and partnership to manage distributions and alignment through cycles.
