H.I.G. Capital, a global alternative investment firm with $70 billion in assets under management, has launched its new GP Solutions Platform. This strategic expansion will focus on providing liquidity and capital solutions to the underserved middle market.
To lead the new initiative, H.I.G. has recruited a seasoned team from Morgan Stanley Private Equity, which will join the firm later this year. The team is led by Managing Directors Dan Wieder and Yash Gupta, along with Principals Austin Gerber and Joe Holleran.
The platform will focus on GP-led secondary transactions, which are growing rapidly due to the increased demand for private equity liquidity. It will leverage H.I.G.’s extensive network and investment expertise to target opportunities across various geographies and sectors.
KEY QUOTE:
“We are thrilled to welcome Dan and this seasoned team to H.I.G. Their collective expertise, proven investment acumen, and entrepreneurial mindset are highly complementary to our platform. We believe our secondaries effort will be an exciting and scalable business over the coming years, which aligns seamlessly with our middle market, value-add investment strategy.”
Rick Rosen, Co-President of H.I.G. Capital
