For more information, please refer to the H.I.G. The firm’s current portfolio includes more than 100 companies with combined sales in excess of $30 billion. has invested in and managed more than 300 companies worldwide. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector. H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance. 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.’s equity funds invest in management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach: is a leading global alternative assets investment firm with over $50 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro and São Paulo, H.I.G. We will build on the team’s strong track record of success and will be working together to expand the portfolio and the overall platform.” Mestel and Schwartz stated, “We look forward to leading the expansion of H.I.G.’s real estate credit strategy, as we lend to and invest in strong middle-market transactions with leading sponsors throughout the U.S. Realty Credit Partners,” said David Hirschberg and Ira Weidhorn, Co-Heads of H.I.G. “We are excited to continue the significant expansion of the real estate investing platform at H.I.G with the promotion of Michael and Steve to lead H.I.G. “Michael and Steve put us in a great position to grow this vertical, and to make H.I.G.’s real estate credit business a top tier platform within the middle-market real estate lending space.” Realty Credit Partners is a strong fit with the existing real estate and credit businesses at the firm” said Brian Schwartz, Co-President of H.I.G. Capital Founders and Co-CEOs Sami Mnaymneh and Tony Tamer. We look forward to Michael and Steve expanding upon the solid platform that the firm has built over the years” said H.I.G. Capital has a long history of investing in real estate in the middle market space, in both equity and debt strategies, and we have been very pleased with the growth of this business, as well as its investment performance. Steve serves on a National Council of the Urban Land Institute, the Investor Council for the Mortgage Bankers Association and on the New York University Stern Real Estate Advisory Board. Steve spent almost 20 years at JP Morgan, where he headed the CMBS and Commercial Real Estate Lending groups. Prior to joining H.I.G., Steve was a partner at Torchlight Investors, a leading commercial real estate debt investor, where he served on its Board of Directors and its Investment and Operating Committees. since 2017, and in his most recent role was responsible for Real Estate Special Situations investing at H.I.G.’s Bayside Capital. Steve has over 30 years of real estate lending and investing experience. He has also served as a Director in the Real Estate Finance group at Citigroup, and as a Vice President at Rialto Capital Management. Prior to that, Michael was a Principal and Head of West Coast Originations at USAA/Square Mile Capital Management, an investment fund manager focused on the origination of credit secured by real estate assets across the United States. for almost 5 years, and in his most recent role served as Head of Origination for the Realty Credit Partners platform. Michael has over two decades of real estate lending experience. Realty Credit Partners has originated over $3 billion of loans in 33 investments since its inception. Capital (“H.I.G.”), a leading global alternative investment firm with over $50 billion of equity capital under management, is pleased to announce that Managing Directors Michael Mestel and Steven Schwartz have been promoted to Co-Heads of H.I.G.
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