H.I.G. Capital Actualité
Executive Managing Director
10 Grosvenor Street
London W1K 4QB
P +44 (0) 207 318 5700
F +44 (0) 207 318 5749
H.I.G. Bayside Capital Promotes Andrew Scotland to Co-Head of Special Situations Debt in Europe
LONDON – February 10, 2020 – H.I.G. Bayside Capital ("Bayside"), the distressed debt and special situation affiliate of H.I.G. Capital ("H.I.G."), a leading global private equity investment firm with over €31 billion of equity capital under management, is pleased to announce the promotion of Andrew Scotland to Co-Head of the firm's European special situations debt activities. Andrew will co-head alongside Bayside Managing Director Duncan Priston.
Andrew has over twenty-two years of investment banking and distressed investment experience. He previously worked as a Managing Director in RBS’s Special Situations Group for more than six years, where he was focused on European distressed investments.
Executive Managing Director John Bolduc commented, "Since joining the firm in 2013, Andrew has been instrumental in helping to grow the firm’s distressed debt portfolio in Europe. He is an asset to our team, and we are delighted to expand his role within Bayside."
Co-Head of Bayside’s European special situations debt activities, Duncan Prison, added, "I congratulate Andrew on his well-deserved promotion and am excited about the opportunities his promotion can generate as we continue to execute H.I.G.’s successful Bayside European strategy. I look forward to collaborating more closely with Andrew as Bayside continues playing an important role in the European credit markets."
About Bayside Capital
Bayside Capital is the special situations affiliate of H.I.G. Capital. Focused on middle market companies, Bayside invests across several segments of the primary and secondary debt capital markets with an emphasis on long term returns. With eight offices throughout the U.S. and Europe and over 350 investment professionals to draw upon, Bayside has the experience, resources, and flexibility required to provide capital solutions quickly, and the strategic and operational expertise to help support its investments. For more information, please refer to the Bayside website at www.bayside.com.
About H.I.G. Capital
H.I.G. is a leading global private equity and alternative assets investment firm with over €31 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, Rio de Janeiro and São Paulo, 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:
- 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.
- 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.
- 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 300 companies worldwide. The firm's current portfolio includes more than 100 companies with combined sales in excess of €27 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.