New Member Profile of H.I.G. Capital with John Yeager, Managing Director at WhiteHorse Capital in Chicago

New Member Profile of H.I.G. Capital with John Yeager, Managing Director at WhiteHorse Capital in Chicago

March 12, 2018

The new member participants in the Illinois Venture Capital Association keeps growing, giving the current membership the opportunity to expand networks, offer support and exchange new ideas for venture capital, private equity and support industry issues. The latest new member is H.I.G. Capital, a Private Equity fund that focuses on leverage buyouts, equity and other investments in small and mid-sized companies.

The following is a Q&A profile with H.I.G. Capital, which explores the firm’s background and their expectations for interacting with the IVCA.

 

New Member: H.I.G. Capital

Representative: John Yeager, Managing Director at WhiteHorse Capital in Chicago, the Credit Affiliate of H.I.G. Capital

IVCA: What is a brief history and background of H.I.G. Capital?

H.I.G. Capital: Founded in 1993, H.I.G. is the largest and most active private investment firm focused on the middle market, with $24 billion of capital under management with broad investment mandate, that is focused on traditional LBO’s and special/complex situations. There has been over 300 investments since its inception.

The firm is a value-added strategic partner with a superior track record of investment returns for limited partners and management partners. We partner with management of our investments to enhance financial, strategic and operation decision making, with a vast network of executives and specialists across industries to support portfolio companies, as well as a in-house mergers and acquisitions team to evaluate and execute add-on acquisition opportunities.

IVCA: How vast is your global network and reach?

We are a global firm that is headquartered in Miami, with offices throughout the U.S. in New York, Boston, Los Angeles, San Francisco, Dallas, Atlanta and Chicago. Our European offices are in London, Paris, Hamburg, Madrid and Milan, and our Latin American presence includes Bogota, Mexico City and Rio de Janeiro.

IVCA: Why did the firm decide to join the Illinois Venture Capital Association?

H.I.G. Capital: As a long term advocate for the Chicago Private Equity community, IVCA provides H.I.G. Capital the ability to participate and contribute to the overall success of the industry across Illinois.

IVCA: What do you think is the main advantage of being so comprehensively large as a firm, and being in so many national and international markets, like Chicago?

H.I.G. Capital: We have a vast network of executives and specialists across industries, and an experienced global investment team with extensive operational and strategic resources, with the ability to address complex business and transaction dynamics. It’s a proven track record, with transaction certainty and speed, and with minimal disruption to business.

IVCA: What does H.I.G. Capital hope to achieve in their interaction with the VC/PC community within the IVCA?

H.I.G. Capital: H.I.G. Capital has a strong and growing presence in Chicago. Through IVCA, H.I.G. Capital’s professionals will have the ability to network and meet other talented investors and advocates for the industry. Additionally, the team at H.I.G. Capital hopes to leverage IVCA’s extensive reach to help grow the VC/PE community as a whole.

For more information on the H.I.G Capital, go to www.HIGCapital.com