Firm Overview:
H.I.G. Capital is a leading global private equity investment firm with $65 billion of assets under management. The H.I.G. family of funds includes private equity, growth equity, real estate, debt/credit, lending, and BioHealth. We align ourselves with committed management teams and entrepreneurs and help build businesses of significant value. Our team of over 500 investment professionals has substantial operating, consulting, technology, and financial management experience, enabling us to contribute meaningfully to our portfolio companies. We invest in companies throughout the U.S., Europe, and Latin America have offices in Miami, New York, Boston, Chicago, Los Angeles, San Francisco, and Stamford in the U.S., and affiliate offices in London, Hamburg, Luxembourg, Madrid, Milan, and Paris as well as Bogotá, Mexico City, and Rio de Janeiro in South America. Our funds make investments in private equity, private credit, and real assets.
Overview:
The VP, Private Equity Transactions and Operations role will be positioned within the Investment Professional (Deal Team) team and will liaise directly with investment professionals, fund heads, backoffice operations, and finance leaders. It will report to both senior management within the Deal Team and the Global Chief Operating Officer. Embedded in the Deal Team, this position will bridge operational gaps, coordinate the operational workflow for deal closings and exits, and develop processes for investment data collection. The position is designed to reduce risks through standardized procedures and improve cross-functional collaboration allowing H.I.G. to scale operations.
Role Responsibilities:
Deal Funding and Deal Realizations/Exits
- Oversight of deal funding and deal realization/exit processes, coordinating with Deal Teams, Fund Heads, CFG, Legal, Compliance, Finance, and Tax teams.
- Coordinate with both Deal Team and Finance team members to improve deal closing and realization/exit procedures.
- Manage weekly deal flow (fundings and realizations/exists) forecasts and maintain communication across teams.
- Track deal milestones, monitor approvals, and eliminate process bottlenecks.
Data Quality and Governance
- Ensure data integrity for Deal Teams.
- Train Deal Teams on data concepts and definitions.
- Participate in periodic data management and standardization meetings.
- Suggest new data fields that would enhance the reporting and tracking of investments and funds.
Reporting
- Support workflow processes for quarterly ILPA, Attribution, and LP reporting deliverables.
- Manage ad hoc reporting requests, ensuring timeliness and accuracy.
- Collaborate with Deal and IT Operation Teams on enhancements to reporting and dashboards.
- Support data collection initiatives for the firm’s ESG and Climate strategy policies.
- Support the quarterly valuations process with Deal Teams, Finance, and Auditors.
- Manage Deal Team’s deliverables for annual and ad-hoc compliance filings (SEC Form PF, Bureau of Economic Analysis (BEA) data collection, etc.)
Fundraising and Investor Relations
- Support the Deal Team-related data and deliverables during fundraising of both new fund/managed account structures and deal-specific external co-investment vehicles.
- Manage non-standard LP requirements and inquiries as they relate to deal fundings and realizations/exits, reporting of deal-level data, etc., coordinating with CFG, Investor Relations, Legal & Compliance, and Finance.
Process & Systems Enhancement
- Assess operational procedures and present process improvement recommendations to leadership.
- Serve as point of contact for Dynamo and Atlas systems, driving improvements, testing, and adoption.
Requirements & Qualifications:
- The ideal candidates will have 10+ years of experience, with 6+ in PE operations. Bachelor of Science in Accounting or Finance is required.
- Highly independent, self-starter professional that can build and lead a team.
- Knowledge of PE deal structures, and familiarity with private equity reporting (standard financials, portfolio updates, ILPA, etc.). Complete other ad-hoc projects as required.
- Understanding of private equity valuations.
- Familiarity with portfolio data management systems and experience with developing workflow processes.
- Takes full ownership and accountability of work product and leads by example in areas of attitude, attention to detail, urgency, cross-collaboration, process improvement, and quality of work.
- Strong planning and organizational skills. Effective communicator and collaborator. Strong Excel skills (e.g., advanced formulas and functions).
