London — H.I.G. Capital, a leading global private equity firm with over EUR 26 billion in equity under management, appoints Markus Noe-Nordberg (photo) as Managing Director and head of its new European mid-cap business, which will complement H.I.G.’s existing European small-cap activities.
The small-cap team focusing on medium-sized companies with an enterprise value of up to EUR 250 million will continue to invest from the current EUR 825 million fund as before.
Markus Noe-Nordberg will lead the private equity activities in the mid-cap segment from London and work closely with the established local investment teams. He has over 30 years of experience in corporate finance and leverage buyout. Prior to joining H.I.G. Capital, he was a partner and one of the founders of Pamplona Capital. Previously, he was a Managing Director and Co-Head in the Financial Sponsors Group at Goldman Sachs in London.
Sami Mnaymneh and Tony Tamer, founders and co-CEOs of H.I.G., commented, “We are very pleased to have Markus join H.I.G.. Given his background and experience, he is the ideal fit to lead our new private equity activities in the European mid-cap segment.”
Commenting on his new role, Noe-Nordberg said: “I am delighted to build on H.I.G.’s success in Europe in the small-cap and lower mid-cap markets, where the firm has already secured a leading position in private equity with five offices. We are now broadening our investment focus to include larger transactions valued between EUR 250 million and EUR 750 million — a market segment in which the firm has been a successful player in the U.S. for more than a decade.”
About H.I.G. Capital
H.I.G. is a leading global alternative asset investment firm with over EUR 26 billion in equity under management.* The company is headquartered in Miami and has U.S. offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco and Atlanta, as well as international branch offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro and São Paulo. H.I.G. specializes in the provision of debt and equity capital to small and medium-sized companies, pursuing a flexible, operationally oriented and value-enhancing approach:
1. H.I.G. investment funds invest in management buyouts, corporate reorganizations, and spin-offs of both profitable and distressed manufacturing and service companies.
2. H.I.G.’s debt funds invest in senior, unitranche and subordinated debt financing transactions with companies of all sizes, both directly and through secondary markets. In addition, H.I.G. is a leading CLO manager through its WhiteHorse portfolio and manages a publicly traded BDC through WhiteHorse Finance.
3. H.I.G. real estate funds invest in upgraded properties that can benefit from better asset management methods.
Since its founding in 1993, H.I.G. has invested in and managed over 300 companies worldwide. The company’s portfolio currently includes over 100 companies with combined total revenues of over €28 billion. For more information, visit H.I.G.’s website at www.higcapital.com.
* Based on total capital commitments managed by H.I.G. Capital and partner firms.