LONDON–(BUSINESS WIRE)– H.I.G. Capital (“H.I.G.”), een toonaangevende wereldwijde investeringsmaatschappij met 17 miljard euro beheerd vermogen, heeft vandaag bekendgemaakt dat Andrew Scotland is gepromoveerd tot Managing Director van Bayside Capital, de dochter van H.I.G. die zich bezighoudt met slechte schulden en speciale situaties.
Andrew kwam in 2013 bij H.I.G. Capital terecht als een Principal. Hij werkt vanuit H.I.G.’s Londense kantoor en heeft meer dan 17 jaar ervaring als investeringsbankier en met probleemkredieten in een variëteit aan industrieën. Voor hij bij H.I.G. Capital ging werken was Andrew meer dan zes jaar managing director in de specialesituatiesgroep van Royal Bank of Scotland, waar hij de senior analist was die zich richtte op Europese probleemkrediten. Voor RBS was Andrew een directeur in de vermogensonderzoeksafdeling van ABN AMRO; daarvoor werkte hij bij de hoog aangeschreven institutionele investeerders-onderzoeksafdelingen van Citigroup en Credit Suisse.
H.I.G. Capital Promotes Andrew Scotland to Managing Director
LONDON–(BUSINESS WIRE)– H.I.G. Capital (“H.I.G.”), a leading global investment firm with €17 billion of equity capital under management, announced today that Andrew Scotland has been promoted to Managing Director of Bayside Capital, the distressed debt and special situations affiliate of H.I.G.
Andrew joined H.I.G. Capital in 2013 as a Principal. He is based in H.I.G.’s London office and has over 17 years of investment banking and distressed investment experience across a variety of industries. Prior to joining H.I.G. Capital, Andrew was a Managing Director in Royal Bank of Scotland’s Special Situations Group for more than six years, where he was the senior analyst focused on European distressed investments. Before RBS, Andrew was a Director in the Equity Research department of ABN AMRO; and prior to that was in the top ranked Institutional Investor research teams at Citigroup and Credit Suisse.
John Bolduc, Executive Managing Director of H.I.G. Capital, commented, “Andrew has led a number of successful investments at H.I.G. and we look forward to his continued success as a member of our senior leadership team.”
About H.I.G. Capital
H.I.G. is a leading global private equity and alternative assets investment firm with €17 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris and Rio de Janeiro, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach:
1. 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.
2. 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. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.
3. Other H.I.G. funds invest in various real assets, including real estate and shipping.
Since its founding in 1993, H.I.G. has invested in and managed more than 200 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of €22 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.
* Based on total capital commitments to funds managed by H.I.G. Capital and its affiliates.