Mark O'Hare's Valhalla Ventures Increases Stake in HgCapital Trust Post-Preqin Sale
INDUSTRIAL IOT
Valhalla Ventures, founded by Preqin's Mark O'Hare, has acquired additional shares in HgCapital Trust, raising its stake to 7.2%, valued at about $200 million. This follows O'Hare's sale of Preqin to BlackRock for $3.2 billion last year, after which he served briefly as vice chairman at BlackRock before stepping down.
Valhalla's strategy emphasizes long-term investments in private markets, with about 70% of its portfolio allocated outside public markets. O'Hare has also invested in a UK property tech firm and document-automation platform Avvoka.

Feb 21, 2026, 12:37 PM