Steven Schwartz Joins H.I.G. Global Capital as Managing Director

H.I.G. Global Capital, a leading global alternative asset firm with $23 billion of equity capital under management, is pleased to announce that Steven Schwartz has joined the company as a Managing Director. Schwartz comes from Torchlight Investors, LLC, where he served as Head of Acquisitions and Originations for over six years.

As a seasoned professional in the financial industry, Schwartz brings an enviable record of success in commercial real estate and has built deep relationships based on flexibility, responsiveness, and a long-term orientation. His expertise will be invaluable to H.I.G.'s distressed investing activities, where he will focus on providing rapid access to debt and equity capital in complex situations requiring customized solutions.

Schwartz joins Bayside Capital, the distressed debt and special situations affiliate of H.I.G., as a Managing Director responsible for distressed commercial real estate. He will work closely with the team to develop creative financing solutions and fund transactions on an expedited basis.

'We are delighted to welcome Steven to H.I.G.,' said Sami Mnaymneh and Tony Tamer, Co-CEOs of H.I.G. 'We believe his expertise and experience will make a significant contribution to growing our distressed investing activities.'

Prior to joining Torchlight, Schwartz spent almost 20 years at JP Morgan, where he ran the CMBS and commercial real estate banking groups. His extensive experience in the industry has equipped him with the skills necessary to navigate complex financial situations and deliver innovative solutions.

As a Managing Director at Bayside Capital, Schwartz will focus on middle market companies, investing across several segments of the primary and secondary debt capital markets with an emphasis on long-term returns. He will be based in H.I.G.'s New York office and will work closely with the firm's investment professionals to identify and capitalize on opportunities.

With his appointment, Bayside Capital expands its capabilities to provide rapid access to debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused value-added approach. The company's ability to invest in all parts of the capital structure enables it to develop creative financing solutions and fund transactions quickly.

'We believe Steven's expertise will be invaluable in helping us achieve our goals,' said the H.I.G. team. 'We are confident that he will make a significant contribution to growing our distressed investing activities.

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