Hermes Pacific Investments plc is a United Kingdom-based investing company focused on acquiring equity interests in quoted or unquoted investments, including companies, partnerships, joint ventures, or direct property projects primarily in Europe, the Middle East, and South East Asia; the firm targets sectors such as financial services and property development. Its ordinary shares previously traded on the AIM market of the London Stock Exchange under the ticker HPAC.L. Founded in 2004 and headquartered at First Floor, 1 Chancery Lane, London, WC2A 1LF, the company was formerly known as Indian Restaurants Group plc until renaming in August 2012 following a shift from restaurant operations to investment activities.
The company pursues direct investments in financial sector entities and property-related opportunities, with historical transactions including a property purchase announced in May 2022. It operates as a closed-end investment vehicle without specified subsidiaries or parent relationships, serving institutional and private investors seeking exposure to emerging market opportunities in Asia and the broader region.
In recent developments, Hermes Pacific Investments proposed the cancellation of its AIM admission in August 2024, citing share undervaluation, followed by general meeting approval in September 2024 and effective cancellation on 10 September 2024; it also changed its registered office address to the current London location in August 2024 and issued director declarations in June and July 2024. Earlier changes included a proposed shift in investing policy in November 2021 and a property acquisition in 2022, reflecting ongoing strategic adjustments amid limited active deployments. The firm released interim results as recently as December 2023, maintaining its focus on opportunistic investments without notable new partnerships, funding rounds, or major acquisitions in the last two years.