NEW YORK & DUBAI - Thursday, 25. January 2024
(BUSINESS WIRE) -- H.I.G. Capital (“H.I.G.” or the “Firm”), a leading global alternative investment firm with $60 billion of capital under management announces the opening of its Dubai office.
Based in the Dubai International Financial Centre (“DIFC”), the new office* will host H.I.G.’s Capital Formation professionals, working closely with H.I.G.’s existing local and regional investors in the Middle East while developing new strategic partnerships. Oliver Slade, Managing Director, and Alexia Klat, Principal, will lead H.I.G.’s efforts in the region. This local presence will enable H.I.G. to deepen relationships with its investors in the region, providing greater access to alternative investments across H.I.G.’s global middle-market platform in the U.S., Europe, and Latin America.
Jordan Peer Griffin, Executive Managing Director and Global Head of Capital Formation, commented: “We are excited to expand our footprint by establishing H.I.G.’s first office in the Middle East. H.I.G. has been partnering with investors in the region for the past 30 years, and the Dubai office strengthens our commitment to the region and our investors to provide creative investment solutions for our clients in the attractive middle market alternatives landscape.”
“The opening of our office in this strategic region is pivotal to our ambition to be the partner of choice in the middle market for our Middle East investors,” said Mr. Slade. “Now more than ever, investors in the region are seeking differentiated access to the mid-market, across a variety of private asset classes.”
Mr. Slade, a Managing Director in H.I.G.’s Capital Formation Group, has over 17 years of experience in alternative investments. Prior to joining H.I.G., he was Head of Middle East and Africa at Partners Group, where he was responsible for the development and capital raising activities across private markets funds and solutions in the region. Ms. Klat, a Principal in H.I.G.’s Capital Formation Group, has been with the Firm for 10 years. She was previously based in H.I.G.’s London office and has worked closely with H.I.G. investors across the Firm’s platform.
About H.I.G. Capital
H.I.G. Capital is a leading global alternative investment firm with $60 billion of capital under management.* Based in Miami, and with offices in Atlanta, Boston, Chicago, Dallas, Los Angeles, New York, and San Francisco in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, and Dubai, H.I.G. specializes in providing both debt and equity capital to mid-sized companies, utilizing a flexible and operationally focused/ value-added approach:
H.I.G.’s equity funds invest in management buyouts, recapitalizations, and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
H.I.G.’s debt funds invest in senior, unitranche, and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. also manages a publicly traded BDC, WhiteHorse Finance.
H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.
Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The Firm’s current portfolio includes more than 100 companies with combined sales in excess of $53 billion. For more information, please refer to the H.I.G. website at www.hig.com.
*Regulated by the DFSA as a Representative Office.
**Based on total capital raised by H.I.G. Capital and affiliates.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240125804627/en/
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Contacts
Jordan Peer Griffin
Executive Managing Director
jpeer@higcapital.com
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