Comments (32)

Jun 18, 2008

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.

Jun 18, 2008

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

Jun 18, 2008

appreciate the input

Jun 18, 2008

Good trackrecord, above market carry command, strong firm.

Jun 19, 2008

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

Jun 20, 2008

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.

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Sep 6, 2008

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

Sep 11, 2008

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

Sep 7, 2008

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.

Sep 8, 2008

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

Nov 12, 2011
sobepehopeful:

Does anybody know anything about H.I.G out of Miami, Fl?
I know they do a little of everything but I'm trying to find out, what are their strongest groups, how's the deal flow?

They have entered into lots of deals lately but they've also started come across lawsuits. Her's one I found on the web.
http://www.tampabay.com/news/business/faced-with-8...

Nov 12, 2011

Does anyone have a recent update on HIG Capital on what it's like to work there? I checked them out on google and found a recent lawsuit in place.

http://www.tampabay.com/news/business/faced-with-8...

Nov 12, 2011

would check our Company Database

Nov 12, 2011

Hey dollabillz, get the job?!

Nov 12, 2011
PaulOwen:

Hey dollabillz, get the job?!

Nope, and I got laid off from my banking gig. :-)

Nov 12, 2011

Hey dollabilz, could you share a little more about the phone interview, like what were case studies about. Were most of them back of the envelop LBO cases? Also how long did it take to setup the phone interview?

Nov 12, 2011

Hey dollabilz, could you share a little more about the phone interview, like what were case studies about. Were most of them back of the envelop LBO cases? Also how long did it take to setup the phone interview?

seriously? a little tact

Nov 12, 2011

How'd your interview go?

Nov 12, 2011

Hmm...a friend of mine interiewed there a couple of weeks ago, and they told him they filled the spot already, although it could have been for a slightly different role.

Nov 12, 2011

Interviewer was a super nice lady - it was for a back office Analyst position supporting associates at Bayside Capital.

Unfortunately, she gets on the phone and says, "I still wanted to keep our interview schedualed because I wanted to learn about your background - but I found out this morning that they filled the position."

WTF!!! I was like "Bummer! - Seriously!" As odd as it may seem, this made me extremely comfortable the rest of the interview and I think it went OK. It was just me talking and she didn't ask any questions. She said she would definitely keep me in mind for future roles (for whats thats worth - $0). We will see I guess. She said they were having a problem filling the role and thats why it came to her, which surprised me. She is a recruiter there.

Bummed out big time - glad I have a job right now at a distressed debt fund or I would be extremely depressed. So close...........

@sofib09 - tell me about your friend

Nov 12, 2011

bummer. thanks for the update. good luck

Nov 12, 2011

He's in banking now, with experience in debt capital raises, but he doesn't have distressed debt experience. I think they may have been looking for that.

Was it really BO? For some reason, I was under the impression it was FO.

Nov 12, 2011

def BO said it several times

whats the big dif?

id be find with starting there just to get in the joint

Nov 12, 2011

Ah, OK...I'll definitely chat with him about it.

Oct 11, 2018

Any advice on breaking in? I'm at a PE shop where the CEO is ex-HIG.

Jul 2, 2019

ask him

Jul 9, 2019
Comment
Jul 11, 2019