Summit 2017 Highlights

Over two days in late April, Dyal Capital Partners hosted its second annual Dyal Alternatives Summit. With the accelerated growth of private equity in 2016, the programming expanded this year to include Dyal’s private equity partners alongside its hedge fund partners.

Learn More

Change Country

In The News

H.I.G. Capital Announces Strategic Minority Investment by Dyal Capital

MIAMI, August 3, 2016 — H.I.G. Capital ("H.I.G."), a leading global private equity and alternative asset investment firm with more than $20 billion of equity capital under management, announced today that it has sold a minority stake to Dyal Capital Partners ("Dyal"), a permanent capital vehicle managed by Neuberger Berman.

Under the terms of the transaction, Dyal has acquired a passive non-voting stake, representing less than 15% of the economic interests of the firm. Proceeds will be primarily used to increase the firm’s investments in its own funds and to seed and fund a number of growth initiatives, in order to further capitalize on the firm's unique position in the small and mid-cap market.

Sami Mnaymneh and Tony Tamer, the Founders and Co-CEOs of H.I.G. commented: "We are delighted to welcome Dyal to the H.I.G. family. This is an important milestone in the development of the firm. Having access to permanent capital will allow us to more quickly and effectively achieve the firm's strategic growth objectives."

Michael Rees, Head of Dyal Capital Partners, added: "We are excited to partner with what we believe is the leading player in the middle and lower mid-market. H.I.G. has a highly differentiated business model, combining a focus on inefficient market segments and real operational value-added expertise. Its performance track record is truly impressive."

Founded in 1993, and with over 500 employees worldwide, H.I.G. manages a series of funds across private equity, credit, and real estate strategies in the U.S., Europe, and Latin America.

The terms of the transaction are private and are not publicly disclosed.

About H.I.G. Capital

H.I.G. is a leading global private equity and alternative asset investment firm with over $20 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 and Rio de Janeiro, 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:

  1. 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.
  2. 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.
  3. 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 $30 billion.

* Based on total capital commitments managed by H.I.G. Capital and affiliates.

Top

All information is as of June 30, 2017, unless otherwise indicated.

The information regarding each of our partnerships has been provided and approved by the applicable partner.

This material is provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation or offer to buy, sell or hold a security. Information is obtained from sources deemed reliable, but there is no representation or warranty as to its accuracy, completeness or reliability. All information is current as of the date of this material and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Neuberger Berman products and services may not be available in all jurisdictions or to all client types. Investing entails risks, including possible loss of principal. Investments in hedge funds and private equity are speculative and involve a higher degree of risk than more traditional investments. Investments in hedge funds and private equity are intended for sophisticated investors only. Indexes are unmanaged and are not available for direct investment. Past performance is no guarantee of future results.

Firm data, including employee and assets under management figures, reflect collective data for the various affiliated investment advisers that are subsidiaries of Neuberger Berman Group LLC (the "firm"). Firm history and timelines includes the history and business expansions of all firm subsidiaries, including predecessor entities and acquisition entities. Investment professionals referenced include portfolio managers, research analysts/associates, traders, and product specialists and team dedicated economists/strategists.

This material is being issued on a limited basis through various global subsidiaries and affiliates of Neuberger Berman Group LLC. Please visit www.nb.com/disclosure-global-communications for the specific entities and jurisdictional limitations and restrictions.