H.I.G. Capital

We actually just worked on a deal with Bayside Capital, their distressed debt group.

Their guys seem to be pretty chill and all come from pretty high pedigree. I can't speak too much about their deal flow but I'm sure its alive and well. I believe they have 140ish professionals with $7.5B AUM.

Deal flow is pretty strong and HIG's funds have done really well historically, i.e. top quintile. Their teams do come from a pretty high pedigree and the analysts say it's a pretty laid-back place on their level (the analysts are pretty close to one another, probably because most of them moved down to Miami without knowing too many people there and the South Beach scene plays itself out pretty quickly)...but on a more senior level, the place has a more cutthroat reputation. I really recommend you meet with them in person (assuming you have the opportunity) before forming an opinion though, especially on their culture

appreciate the input

Good trackrecord, above market carry command, strong firm.

Man, that Flight Options buyout isn't working out too well for them, is it?

Great track record, think top ~1-2% of private equity returns over the past few years. Very focused on the lower middle market and more aggressive on price than leverage. Just closed on second distressed debt fund, Bayside II, with $3B. Also, in terms of pedigree, everyone has a top degree with a very large Harvard contingent.

i was at HIG capital 4 yrs ago and was there for a few yrs. if you want to work there, there are a few things you should know. i'd prefer t

While I have no idea what it is like to work there, I can tell you what it is like to work with HIG as a client:

One of my fellow analysts worked on a transaction with them and said that every friday night they would email him directly asking him to do some "task" for them. Basically, they outsourced their personal research to this poor guy who spent his weekends doing stuff he shouldn't have been doing. Completely wrecked half of his first year.

that sounds strange. wouldn't it be easily obvious that it's happening?

Your comment got cut off, I'm interested in what you have to say about your experience at HIG