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H.I.G. Capital

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H.I.G. Capital, LLC
Company typePrivate
IndustryPrivate Equity
Founded1993; 31 years ago (1993)
Founder
HeadquartersMiami, Florida, United States
Key people
[1][2]
ProductsPrivate Equity, Growth Equity, Real Estate, Lending, Infrastructure, Special situation
AUM$66 billion
Websitehig.com

H.I.G. Capital, LLC is a global alternative investment firm with $66 billion of capital under management.[3] Headquartered in Miami, Florida, H.I.G. specializes in providing both debt and equity capital to middle market companies.[4][5][6][7]

According to the firm’s website, H.I.G. has invested in and managed more than 400 companies, since inception. The firm’s current portfolio includes more than 100 companies with combined sales in excess of $53 billion.[8][9][10] H.I.G. currently has over 1000 total employees, including more than 500 investment professionals worldwide.[11]

History

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H.I.G. Capital was founded in 1993 by Sami Mnaymneh and Tony Tamer, both of whom previously held senior positions at The Blackstone Group and Bain & Company.[12] The company remains under their directorship.[13] In 2006, the company expanded to its first affiliate office in Europe, which is known as H.I.G. Europe.[14]

Products

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H.I.G.’s equity funds invest in management buyouts, recapitalizations, corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses. The firm's debt funds invest in senior, unitranche, and junior debt financing to companies across the size spectrum, both on a primary (direct origination) and secondary basis, as well as in the secondary markets.[15] Additionally, H.I.G. also manages a publicly traded business development corporation (BDC), WhiteHorse Finance.[16]

H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices. Its Infrastructure funds focus on making value-add and core plus investments in the infrastructure sector.[17][18]

Offices

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The company is headquartered in Miami and has affiliate offices in several major cities across the United States, including New York City, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta. Additionally, the firm has international offices located in London, Hamburg, Madrid, Milan, Paris, Luxembourg, Bogotá, Rio de Janeiro, São Paulo, Dubai, and Hong Kong.[19][20]

References

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  1. ^ "HIG Capital reveals long-term succession planning by naming first co-presidents". December 4, 2019.
  2. ^ "H.I.G. Capital Founder and Co-CEO Tamer to step back". January 24, 2024.
  3. ^ Dorbian, Iris (November 19, 2024). "HIG Growth Partners invests in health tech firm Carebox".
  4. ^ "H.I.G. Capital - about". hig.com.
  5. ^ DB Private Venture Capital Investors Directory – II - 2014: Smart Money für smarte Unternehmer (in German). IAC Society Co. Ltd. (editor). Books on Demand. 2014. p. 164. ISBN 9783735748393.{{cite book}}: CS1 maint: others (link)
  6. ^ "Neuberger Berman's Dyal Capital Acquires Position in H.I.G. Capital". FINalternatives. 4 August 2016. Archived from the original on 8 August 2016. Retrieved 12 April 2020.
  7. ^ "HIG Capital significantly expands credit platform" (Press release). October 7, 2011.
  8. ^ "H.I.G. Capital - about". hig.com.
  9. ^ Lim, Dawn (3 August 2016). "Neuberger Berman's Dyal Capital Takes Stake in H.I.G." Wall Street Journal – via www.wsj.com.
  10. ^ "HIG Capital backs US Medical Supply through recap deal – AltAssets, August 21, 2015
  11. ^ "H.I.G. Capital - team". hig.com.
  12. ^ "H.I.G.'s Growth Tests Firm's Quest to Stay True to Its Roots - DHR International". www.dhrinternational.com. Archived from the original on July 14, 2016.
  13. ^ United States, Federal Communications Commission (2017). FCC Record: A Comprehensive Compilation of Decisions, Reports, Public Notices, and Other Documents of the Federal Communications Commission of the United States. The Ohio State University (MORITZ LAW LIBRARY). p. 10318.
  14. ^ Leleux, Benoît; van Swaay, Hans; Megally, Esmeralda (2015). Private Equity 4.0: Reinventing Value Creation. Wiley. p. 149. ISBN 9781118939840.
  15. ^ Thangavelu, Poonkulali (July 14, 2017). "H.I.G Funds to Invest in Middle-Market Debt, Direct-Lending Opportunities". Chief Investment Officer.
  16. ^ "About - WhiteHorse Capital". whitehorsecapital.com. Archived from the original on May 28, 2022.
  17. ^ Gil, Julia (2023-11-03). "HIG Capital acquires two office buildings and a hotel in Madrid: advisors". Iberian Lawyer. Retrieved 2023-11-29.
  18. ^ "H.I.G. closes $593M RE investment fund". The Real Deal. 11 May 2017.
  19. ^ https://www.wsj.com/articles/h-i-g-taps-oaktree-ex-executive-for-capital-formation-group-in-hong-kong-1537289351
  20. ^ "H.I.G. Capital contacts". hig.com.
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