H.I.G. Capital Strengthens Insurance Sector with Key Appointments
H.I.G. Capital, a prominent player in the world of alternative investments, has recently made significant strides in the insurance sector. With a portfolio valued at $74 billion, the firm announced the addition of two key figures, Clark Jeffries and Gary Droscoski, who are expected to bring valuable insights and leadership to the table.
Clark Jeffries will serve as the Managing Director and Global Head of Insurance. In his new role, Jeffries will be responsible for sourcing, executing transactions, and managing H.I.G.'s investment strategies within the insurance landscape. He arrives at H.I.G. with nearly 20 years of experience in insurance and financial institutions, previously holding the position of Chief Investment Officer at Somerset Reinsurance Limited and serving as Managing Director at the Financial Institutions Group at Bank of America. His extensive expertise is expected to guide H.I.G. as it focuses on crafting tailored investment products for insurance company investors.
Joining him is Gary Droscoski, also a Managing Director, who will lead efforts in capital formation and strengthening H.I.G.'s connections with insurance investors. Droscoski boasts over 25 years of experience in institutional sales and has held senior-level positions at PGIM Private Alternatives and New York Life Investments. His primary objective at H.I.G. will be to align the firm's strategies with the investment needs and capital requirements of insurance companies.
The strategic expansion into the insurance sector is part of H.I.G.'s broader initiative to deepen its engagement with insurance investors. This sector remains a critical area of growth, with increasing complexities and demand for specialized capabilities. By establishing a dedicated insurance vertical, H.I.G. aims to leverage its comprehensive platform spanning private credit, private equity, and real assets to deliver capital-efficient solutions.
Brian Schwartz, Co-President of H.I.G., emphasized the opportunities that lie within the middle market, where their expertise can meet the evolving demands for specialized investment strategies. He highlighted the alignment of insurance capital with long-duration, asset-based strategies that H.I.G. has successfully navigated.
Moreover, Jordan Peer Griffin, Executive Managing Director and Head of H.I.G.'s Capital Formation Group, noted the growing influence of insurance companies as key institutional investors. H.I.G. is committed to fostering long-term partnerships with these firms while providing tailored investment strategies designed to meet their specific objectives.
H.I.G. Capital's history dates back to its founding in 1993. The firm has built a reputation for investing in and managing over 400 companies globally, with a current portfolio exceeding 100 companies and combined sales surpassing $53 billion. These strategic hires mark a pivotal moment in H.I.G.'s journey as it seeks to differentiate itself in a competitive landscape, particularly by meeting the nuanced demands of the insurance investment sector. With Jeffries and Droscoski at the helm, H.I.G. Capital is poised to enhance its role in this evolving market, promising exciting developments ahead for its stakeholders.
Clark Jeffries will serve as the Managing Director and Global Head of Insurance. In his new role, Jeffries will be responsible for sourcing, executing transactions, and managing H.I.G.'s investment strategies within the insurance landscape. He arrives at H.I.G. with nearly 20 years of experience in insurance and financial institutions, previously holding the position of Chief Investment Officer at Somerset Reinsurance Limited and serving as Managing Director at the Financial Institutions Group at Bank of America. His extensive expertise is expected to guide H.I.G. as it focuses on crafting tailored investment products for insurance company investors.
Joining him is Gary Droscoski, also a Managing Director, who will lead efforts in capital formation and strengthening H.I.G.'s connections with insurance investors. Droscoski boasts over 25 years of experience in institutional sales and has held senior-level positions at PGIM Private Alternatives and New York Life Investments. His primary objective at H.I.G. will be to align the firm's strategies with the investment needs and capital requirements of insurance companies.
The strategic expansion into the insurance sector is part of H.I.G.'s broader initiative to deepen its engagement with insurance investors. This sector remains a critical area of growth, with increasing complexities and demand for specialized capabilities. By establishing a dedicated insurance vertical, H.I.G. aims to leverage its comprehensive platform spanning private credit, private equity, and real assets to deliver capital-efficient solutions.
Brian Schwartz, Co-President of H.I.G., emphasized the opportunities that lie within the middle market, where their expertise can meet the evolving demands for specialized investment strategies. He highlighted the alignment of insurance capital with long-duration, asset-based strategies that H.I.G. has successfully navigated.
Moreover, Jordan Peer Griffin, Executive Managing Director and Head of H.I.G.'s Capital Formation Group, noted the growing influence of insurance companies as key institutional investors. H.I.G. is committed to fostering long-term partnerships with these firms while providing tailored investment strategies designed to meet their specific objectives.
H.I.G. Capital's history dates back to its founding in 1993. The firm has built a reputation for investing in and managing over 400 companies globally, with a current portfolio exceeding 100 companies and combined sales surpassing $53 billion. These strategic hires mark a pivotal moment in H.I.G.'s journey as it seeks to differentiate itself in a competitive landscape, particularly by meeting the nuanced demands of the insurance investment sector. With Jeffries and Droscoski at the helm, H.I.G. Capital is poised to enhance its role in this evolving market, promising exciting developments ahead for its stakeholders.
Topics Financial Services & Investing）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.