Asset Manager

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H.I.G. Capital

H.I.G. Capital was founded in 1993 by Sami Mnaymneh and Tony Tamer, two former executives at the Carlyle Group.

H.I.G. Capital

H.I.G. Capital was founded in 1993 by Sami Mnaymneh and Tony Tamer, two former executives at the Carlyle Group. The firm is structured as a partnership and remains privately held; it has never disclosed the personal wealth or family connections of its founders, operating instead as a global asset manager with a single-family-office-like control mindset. H.I.G. invests across the capital structure, including buyouts, growth equity, credit, real estate, and infrastructure. It targets middle-market companies with enterprise values between $50 million and $1 billion. The firm has deployed capital into more than 400 portfolio companies, with confirmed holdings including 3Pillar Global (software development), Amsive (digital marketing), and Greenflash Infrastructure (energy storage). Geographically, it operates across the United States, Europe, Latin America, the Middle East, and Asia. The firm manages $75 billion in assets and employs over 500 investment professionals globally. It maintains 18 offices across four continents. In addition to its primary investment funds, H.I.G. operates a dedicated credit arm, H.I.G. WhiteHorse, and a real estate investment platform. June 2024: H.I.G. Capital closed its largest-ever private equity fund, H.I.G. Middle Market LBO Fund V, at $6.2 billion (per Bloomberg, June 2024). H.I.G.'s structural differentiator is its pure operator-led model. The firm emphasizes in-house operational expertise across manufacturing, healthcare, business services, and technology — it does not rely on external operating partners. This hands-on approach allows it to target turnarounds and complex situations that capital-only investors avoid. The firm's governance remains founder-controlled, with Mnaymneh and Tamer serving as Executive Chairmen alongside CEO Brian Schwartz.

General information

Firm type

Generalist

Year founded

1993

AUM

$75B (per firm website, 2025)

Location

Region

North America

Country

United States

City

Miami

Corporate office

Miami, FL, United States

Additional offices

New York, NY · Boston, MA · Chicago, IL · Los Angeles, CA · San Francisco, CA · Stamford, CT · Atlanta, GA · London, UK · Hamburg, Germany · Luxembourg · Madrid, Spain · Milan, Italy · Paris, France · Bogotá, Colombia · Rio de Janeiro, Brazil · Dubai, UAE · Hong Kong

Principals

Sami Mnaymneh

Founder and Executive Chairman

Tony Tamer

Founder and Executive Chairman

Brian Schwartz

CEO

Rick Rosen

Co-President

Douglas Berman

Co-President

Sector focus

BuyoutGrowth EquityPrivate CreditReal EstateInfrastructureHealthcare ServicesEnterprise SoftwareIndustrial TechEnergy Transition & Renewables

Frequently asked questions

Who runs investment decisions at H.I.G. Capital?

The firm is led by founders Sami Mnaymneh and Tony Tamer, who serve as Executive Chairmen, and CEO Brian Schwartz. Investment decisions are made by sector and regional teams. The firm has more than 500 investment professionals across 18 offices, including co-presidents Rick Rosen and Douglas Berman (per firm website).

How does H.I.G. source proprietary deal flow?

H.I.G. sources deals through its extensive network of in-house operating partners and industry specialists. The firm emphasizes operator-led due diligence, targeting small- and medium-sized companies where it can identify operational improvements. This includes underperforming businesses or those with strategic challenges (per firm website).

Does H.I.G. participate in fund commitments or only direct deals?

H.I.G. invests primarily through direct commitments in its own funds. It does not act as a fund-of-funds. The firm raises capital from institutional investors and allocates directly to middle-market companies via buyouts, growth equity, credit, real estate, and infrastructure (per firm website).

What investment stages does H.I.G. typically target?

H.I.G. targets management-led buyouts, recapitalizations, growth and development capital investments, and turnarounds. It focuses on companies with enterprise values between $50 million and $1 billion, preferring control or significant minority stakes (per firm website).

Which sectors does H.I.G. explicitly avoid?

The firm does not publicly list any prohibited sectors. Its portfolio spans manufacturing, healthcare, business services, technology, consumer products, and energy. H.I.G. avoids early-stage venture capital and pure-play macro bets, concentrating on middle-market operating companies where it can add value (per firm website).

How is H.I.G. related to H.I.G. WhiteHorse?

H.I.G. WhiteHorse is the credit arm of H.I.G. Capital, focusing on direct lending and credit opportunities. It is a separate legal entity but operates under the same umbrella, sharing the H.I.G. brand and investment platform. H.I.G. also has a dedicated real estate platform (per firm website).

What is H.I.G.'s known posture on co-investments alongside external GPs?

H.I.G. typically leads its own deals and does not regularly co-invest alongside external general partners. The firm prefers control-oriented transactions where it can drive operational improvements. However, it may partner with select institutions on large-scale infrastructure or real estate deals (per firm website).

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