H.I.G. Capital Launches GP Solutions Platform
H.I.G. Capital, a premier global alternative investment firm, recently unveiled its innovative GP Solutions Platform, signaling a major commitment to enhancing liquidity and capital access for clients in the middle market. With over $70 billion in assets under management, this latest offering represents a strategic expansion of H.I.G.'s capabilities, aiming to address the increasing demand for tailored solutions within a sector that remains under-served.
In their announcement, H.I.G. emphasized that the new platform is designed to meet the needs of investors seeking customized liquidity solutions. The firm is leveraging its 32 years of experience in providing flexible and diverse options tailored specifically for the intermediate market. The GP Solutions Platform aims to bridge the gap for general partners (GPs) looking for liquidity and ensuring a smooth transaction process.
To spearhead this initiative, H.I.G. has recruited a seasoned team from Morgan Stanley Private Equity, set to join H.I.G. later this year. The team, led by Dan Wieder, along with Yash Gupta, Austin Gerber, and Joe Holleran, brings decades of collective experience and a proven track record of achieving impressive returns and creating value. Their deep investment expertise is seen as crucial in building a distinctive platform focused on GP-led transactions, a fast-growing area driven by demand for liquidity solutions in private equity.
Rick Rosen, co-chairman of H.I.G. Capital, expressed excitement about welcoming Dan and his team to H.I.G., noting that their collective experience and entrepreneurial spirit significantly enhance the firm's capabilities. He highlighted that the firm's secondary market efforts are anticipated to evolve into a thrilling and growth-oriented business in the coming years, aligning seamlessly with H.I.G.'s value-added investment strategy in the intermediate market.
The GP Solutions Platform focuses on executing secondary transactions that provide investors with access to high-quality assets with shorter durations compared to traditional primary funds. It aims to target opportunities identified by general partners across various geographical regions, sectors, and strategies while capitalizing on H.I.G.'s extensive investment resources, including a robust network for market origination and disciplined underwriting practices.
H.I.G. is committed to delivering attractive, risk-adjusted returns by leveraging its global platform and demonstrated operational expertise coupled with deep industry insights. This holistic approach allows H.I.G. to manage and optimize its investments effectively, ensuring ongoing value creation for its investors.
Since its inception in 1993, H.I.G. Capital has invested in and managed over 400 companies globally, with its current portfolio comprising over 100 companies, generating collective revenues exceeding $53 billion. This extensive market presence underscores H.I.G.'s capability and dedication to providing strategic investment solutions that yield robust returns.
For further information or inquiries about the GP Solutions Platform or H.I.G. Capital’s other investment offerings, interested parties are encouraged to visit H.I.G.'s official website at
hig.com or reach out to H.I.G. directly via their contact information.
In conclusion, H.I.G. Capital's launch of the GP Solutions Platform marks a significant milestone in the firm's ongoing development and commitment to providing tailored investment solutions to the middle market. The combination of seasoned leadership, strategic focus, and operational expertise positions H.I.G. well for future growth and continued success in the alternative investment landscape.