H.I.G. Capital expands in Middle East with its first office in Dubai IFC

Miami-headquartered H.I.G. Capital is expanding in the Middle East with a new office based in the Dubai International Financial Centre.

The global alternative investment firm, which has $60bn of capital under management will "host H.I.G.’s Capital Formation professionals, working closely with H.I.G.’s existing local and regional investors in the Middle East while developing new strategic partnerships".

Oliver Slade, managing director, and Alexia Klat, principal, will lead H.I.G.’s efforts in the region.

This local presence will enable H.I.G. to deepen relationships with its investors in the region, providing greater access to alternative investments across H.I.G.’s global middle-market platform in the US, Europe, and Latin America, it said.

Jordan Peer Griffin, executive managing director and global head of capital formation, said: “We are excited to expand our footprint by establishing H.I.G.’s first office in the Middle East. H.I.G. has been partnering with investors in the region for the past 30 years, and the Dubai office strengthens our commitment to the region and our investors to provide creative investment solutions for our clients in the attractive middle market alternatives landscape.”

“The opening of our office in this strategic region is pivotal to our ambition to be the partner of choice in the middle market for our Middle East investors,” said Slade. “Now more than ever, investors in the region are seeking differentiated access to the mid-market, across a variety of private asset classes.”

Slade, a managing director in H.I.G.’s Capital Formation Group, has over 17 years of experience in alternative investments.

Prior to joining H.I.G., he was head of Middle East and Africa at Partners Group, where he was responsible for the development and capital raising activities across private markets funds and solutions in the region.

Klat, a Principal in H.I.G.’s Capital Formation Group, has been with the firm for 10 years. She was previously based in H.I.G.’s London office and has worked closely with H.I.G. investors across the Firm’s platform.

H.I.G. Capital is based in Miami, with offices in Atlanta, Boston, Chicago, Dallas, Los Angeles, New York, and San Francisco in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, and Dubai,

It specializes in providing both debt and equity capital to mid-sized companies, "utilizing a flexible and operationally focused/ value-added approach".