LONDEN–(BUSINESS WIRE)– H.I.G. Capital, een toonaangevende investeringsfirma met meer dan 20 miljard aan kapitaal in beheer, heeft vandaag bekendgemaakt dat Appu Mundassery is benoemd tot hoofd van de Europese afdeling voor directe kredietverlening. Mundassery, die in Londen woont, trad in 2009 aan bij H.I.G als algemeen directeur.
Met dochterondernemingen in het Verenigd Koninkrijk, Frankrijk, Duitsland, Italië en Spanje beheert het Europese team voor directe kredietverlening een omvangrijk portfolio directe leningen met nominale waarde aan middelgrote bedrijven met een EBITDA boven de 25 miljoen euro.
H.I.G. Capital Appoints Appu Mundassery Head of European Direct Lending
LONDON–(BUSINESS WIRE)– H.I.G. Capital, a leading global alternative asset investment firm with more than $20 billion of equity capital under management, announced today that Appu Mundassery has been appointed as the Head of Direct Lending in Europe. Based in London, Mr. Mundassery joined H.I.G. in 2009 as a Managing Director.
With affiliates in the UK, France, Germany, Italy and Spain, H.I.G.’s European Direct Lending team manages a sizeable portfolio of directly originated par loans to small and mid-size companies with EBITDA up to €25 million.
John Bolduc, H.I.G. Executive Managing Director who oversees H.I.G.’s Global Credit platform, commented, “Appu has done a terrific job helping us develop our Direct Lending business in Europe and under his leadership, I am confident that we will further build upon our leading position.”
About H.I.G. Capital
H.I.G. is a leading global alternative assets investment firm with over $20 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 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. H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
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 $30 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.
* Based on total capital commitments managed by H.I.G. Capital and affiliates.