HIG Capital Executes Founder Succession With Internal Promotions Across the Top
Briefly

HIG Capital Executes Founder Succession With Internal Promotions Across the Top
"The firm has reached a scale and depth of leadership where this transition is both natural and strategically important. Brian has been instrumental to our success and a key driver of the firm's growth."
"HIG Capital runs strategies across middle-market buyout equity, direct lending through WhiteHorse Finance, real estate, infrastructure, and special situations credit."
HIG Capital has undergone a leadership transition, appointing Brian Schwartz as CEO and Doug Berman as co-president. Co-founders Sami Mnaymneh and Tony Tamer will serve as executive chairmen while retaining investment committee roles. Schwartz, who joined in 1994, has extensive experience in investment oversight and fund management. The firm manages $74 billion across various strategies, including equity and credit, with over 100 active companies generating significant revenues. Mnaymneh emphasized the importance of this transition given the firm's scale and leadership depth.
Read at Business Matters
Unable to calculate read time
[
|
]