The H.I.G. CAPITAL GROUP is a privately held investment adviser that advises $128.4Bn in regulatory assets under management held in 3 SEC fund types across 6 investment strategies. H.I.G. CAPITAL GROUP is a Private Fund A private fund manager is a manager whose >=75% of total assets under management are in private funds (privately offered pooled vehicles for accredited or qualified investors, generally accessed through placements with higher minimums, restricted eligibility, and negotiated terms) Manager. Assets increased by 285.91% over the last 5-years.
The Group has been registered with the SEC for 13.85 years and is comprised of 2 filing and 2 relying advisers. They operate out of 19 office locations with their Headquarters at 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI, FL. The Group has not been subject to regulatory enforcement actions. They are regulated by 5 US and Non-US bodies.
They have 1,089 employees comprised of 611 investment and 478 non-investment staff. The total number of Employees increased by 37.15% over the last 5-years.
Their $128.4Bn in assets advised are owned by 172 private funds, 3 public funds and BDCs and 6 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $125.66Bn or 97.87% of Total Assets and Investment Companies (IC) own $1.5Bn or 1.17% of Total Assets.
The Group's top investment strategies include Traditional LBO, FI/Credit - Lending and Real Estate, representing 65.58%, 24.19% and 6.25% of total assets, respectively.
They advise 4 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and Investment Companies (IC).
The Group uses 2 Fund Administrators, 4 Fund Auditors, 1 Prime Brokers, 5 Custodians and 3 Marketers. It does not report a third-party Fund Administrator in 102 private funds with $37.85Bn in assets.
The Group discloses management fees and performance-based fees.
H.I.G. CAPITAL GROUP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.
They have a HIGH-WATCH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In H.I.G. CAPITAL GROUP's case, they have 22 business conditions that require high process maturity and 2 Watch Factors.