H.I.G. Capital announced the expansion of its Capital Formation Group with the appointments of Brian Dutzar, Adam Whitman, and Steven Stack as the firm continues to grow its private wealth management capabilities.
The new hires join H.I.G.’s Private Wealth Management team and will focus on delivering capital solutions across the firm’s private equity, credit, and real assets strategies to registered investment advisors, family offices, and wealth management firms.
Brian Dutzar joins as Managing Director and will be based in Denver. Adam Whitman joins as Principal in New York, while Steven Stack joins as Principal in Chicago.
Prior to joining H.I.G., Dutzar served as Managing Director at Monroe Capital, where he led business development efforts with RIAs, broker/dealers, multi-family offices, and high-net-worth individuals throughout the Central and Western United States.
Whitman previously worked as Principal at Sculptor Capital, overseeing business development with RIAs, multi-family offices, and wirehouse firms across the Southeast and Mid-Atlantic regions.
Stack joined H.I.G. from Neuberger Berman, where he served as Regional Vice President leading business development initiatives with RIAs and multi-family offices throughout the Midwest.
Jordan Peer Griffin, Executive Managing Director and Global Head of Capital Formation at H.I.G., said the private wealth channel represents one of the firm’s largest growth opportunities and that the new appointments reflect H.I.G.’s commitment to expanding access to its investment capabilities across the wealth management ecosystem.
Founded in 1993, H.I.G. manages approximately $75 billion in capital and specializes in providing debt and equity capital to middle market companies. The firm invests across private equity, credit, real estate, and infrastructure strategies and has invested in and managed more than 400 companies worldwide. H.I.G.’s current portfolio includes more than 100 companies with combined sales exceeding $53 billion.
KEY QUOTES:
“The private wealth channel represents one of the most significant growth opportunities for H.I.G. The appointments of Brian, Adam, and Steven underscore our commitment to expanding access to H.I.G.’s full range of capabilities across the wealth management community.”
Jordan Peer Griffin, Executive Managing Director and Global Head of Capital Formation, H.I.G. Capital
“We are delighted to welcome Brian, Adam, and Steven to the team. They each bring deep client relationships and channel expertise that will enable us to better serve advisors and their clients across the country. This is a meaningful step in our ongoing effort to build a best-in-class private wealth distribution organization.”
Whitney Ehrlich, Managing Director, Head of U.S. Private Wealth Management, H.I.G. Capital
