Alternative investment firm H.I.G Capital promoted Keval Patel to head of U.S. middle market LBO funds, Adam Schimel to co-head of H.I.G’s Bayside Capital special situations and distressed debt strategy, Ricky Stokes to head of U.S. lower middle market funds and Jeff Zanarini to head of business development for all U.S. private equity funds.
An affiliate of H.I.G. Capital, a global alternative investment firm, signed a definitive agreement to acquire Capstone Logistics, a provider of outsourced supply chain solutions, from an affiliate of The Jordan Company.
Ahmad Atwan joined H.I.G. Capital, a global alternative investment firm, as a managing director on the infrastructure team. Atwan previously served as a managing director at Morgan Stanley Infrastructure Partners and head of energy and resources investing at BlackRock.
H.I.G. Capital hired Andrew Liau to co-lead its infrastructure team alongside Ed Pallesen. Liau has more than 20 years of experience in private equity and investment banking. Before joining H.I.G. Capital, he was a senior managing director in the infrastructure group at Ardian.
H.I.G. Capital expanded its European middle market LBO team with the addition of Rohin Jain as a managing director and Nishant Nayyar as a principal. Both will be based in H.I.G.’s London office.
WhiteHorse Capital hired Jason Hicks as principal. Previously, Hicks was a managing director at MC Credit Partners, where he spent seven years as an origination and execution professional for sponsored and non-sponsored transactions.
Timur Akazhanov joined H.I.G. Capital as a managing director of the firm’s advantage fund. Akazhanov previously worked for Blackstone, Bain Capital and McKinsey and Company.
Vernacare, a portfolio company of H.I.G. Capital carved out the infection prevention business from Frontier Medical Group, including the brands Sharpsafe, Clinisafe and eXchange. Terms of the transaction were not disclosed.