H.I.G. Capital Overview
H.I.G. Capital is a Miami-based private equity and alternative assets investment firm.
The firm operates a group of private equity, growth equity, primary lending, credit, and real estate funds.
Sami Mnaymneh who used to be a managing director at The Blackstone Group and Tony Tamer, a former partner at Bain & Company, founded H.I.G. Capital in 1993.
Aside from their headquarters in Miami, Florida, H.I.G. Capital also has offices in NY City, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta with affiliate offices across the world.
Since its founding, H.I.G. Capital has raised several funds such as the:
- H.I.G. BioVentures II (2012) – $268 million funds for pharmaceuticals, medical devices, and diagnostics.
- H.I.G. Middle Market Fund II (2014) — $1.75 billion fund focused on LBO of middle market companies
- H.I.G. Realty Partners III (2017) – $593 million fund for small to mid capital properties in the US.
H.I.G. Capital operates as a private equity firm and has no recent announcements regarding going public.
H.I.G. Capital AUM
As per the most recent regulatory filings, H.I.G. Capital has $45.7 billion in assets under management as of March 31, 2022.
H.I.G. Capital Interview Process & Questions
Firms often change their interview process with each candidate, but if you apply at H.I.G. Capital (or any similar firm), you can find similarities in their interview process which more or less remain consistent:
- The interview consists of 4-6 rounds
- Junior investment professionals take charge of the initial rounds while the more senior staff handle the latter rounds
- The whole interview process can last several weeks – unless it’s an “on-cycle” or “on-campus” recruitment initiative
Applicants at H.I.G. Capital have to answer a mixture of fit questions, behavioral questions, and technical/investing questions.
For more in-depth and systematized interview preparation, check out my Growth Equity Interview Guide.
Why H.I.G. Capital
One of the most common and critical interview questions you need to answer is “Why this firm?”
If you had the chance to meet the employees of the firm, this is a good opportunity for you to mention them and how the positive impression they left on you increased your desire to apply and join the firm’s team.
To further improve your answer, make sure to learn about the firm. One of the best ways to do that is to listen to interviews with its founders, investors, and management team.
For example, here’s a great talk with Sanjoy Chattopadhyay, Director, H.I.G. Capital:
- Interview with Mr. Stelios Theodosiou, Managing Director @ H.I.G. Capital (Capital Link’s 24th Annual Invest)
- Leopoldo Reano, a Director of HIG Capital, explains where the private equity and private debt fund manager see opportunities in the market
H.I.G. Capital Case Study
Interviewees almost always need to conduct case studies during interviews. Case studies is one of the tools that firms use to check if you have the technical knowledge and communication skills which are crucial to perform well in the role.
Most case studies at firms like H.I.G. Capital focus on investment recommendations and financial modeling. But for junior roles, they also often have the candidates do cold calling case study as well.
Inside my Growth Equity Interview Guide, you’ll find detailed lessons, examples, and frameworks on case studies. Check it out.
H.I.G. Capital Salary & Compensation
According to Glassdoor’s latest available data, Associates at H.I.G. Capital have a median annual salary of $102,165, while Analysts have an average total pay of $134,178 per year. These figures take into account both the Base Pay and Additional Pay.
Keep in mind that the salaries can vary depending on your qualifications and level of experience.
Based on other publicly available data, recent associates at H.I. have earned salaries of $150,000 per year, while there is no recent data for analyst hires.
H.I.G. Capital Careers, Jobs, & Internships
If you’re looking for open roles at H.I.G. Capital, visit our job board. We also feature job active vacancies from similar firms to make it quick and easy to select perfect roles for you.
H.I.G. Capital Portfolio & Investments
H.I.G. Capital has completed over 150 transactions across multiple industries according to Crunchbase. The firm manages 21 funds with over $45 billion AUM.
Some notable deals in the firm’s portfolio are Capstone Logistics, Rising Pharmaceuticals, and Xtera.
Notable Transaction: Lionbridge Technologies
In 2017, H.I.G. Capital acquired Lionbridge Technologies – a leading provider of content localization, digital communications, and testing solutions to enterprises – for $360 million.
Lionbridge shareholders received $5.75 for each share of Lionbridge common stock as per their terms of agreement.
The deal was structured as a merger agreement, with Lionbridge turning into a privately held company under H.I.G. Capital.
This acquisition helped Lionbridge to expand its presence worldwide and support their growth initiatives.
Going through H.I.G. Capitals intensive interview process is challenging for sure, but definitely worth it.
If you need help preparing for your interview so you can get ahead of other qualified candidates and increase your chances of getting selected for your dream finance role, check out my Growth Equity Interview Guide.
Inside this self-paced online course, you’ll see step-by-step growth equity lessons, frameworks, and expert tips that will provide knowledge and confidence you need to ace your interviews.
Take the course and start learning today!