Updated (2021) Views on H.I.G. Capital?

There's a few other threads that are dated but I'm curious if anyone has any updated views on HIG and what it's like to work there. Is pay / benefits / lifestyle still way below market? Are they well respected / are lateral opportunities to other MM / UMM funds solid? How do the various funds (Advantage, MM LBO, LBO) stack up in terms of reputation, returns, and prestige? Does the culture vary by office (Miami vs. SF vs. NYC vs. Boston)? Any color would be helpful. Gracias. 

Comments (5)

 
Feb 23, 2021 - 2:39pm

Happy to add a data point on HIG Bayside (special situations fund). Pay is street (associate friend made ~$270k all in last year), but culture isn't known to be great (high associate turnover, nobody wants to stay on for VP). Have worked alongside in deals and they're sharp and in interesting credits. This is for the NYC office, unsure if Bayside operates in the others. 

From a general perspective, agree with other commenters, however it seemed to be a highly desirable spot in the recent on-cycle processes.

Start Discussion

Popular Content See all

This Fucking Sucks
+48OFFby Prospective Monkey in Investment Banking - Mergers and Acquisitions">Prospect in IB-M&A
Why would any associate+ banker choose a BB over EB?
+30IBby Intern in Investment Banking - Mergers and Acquisitions">Intern in IB-M&A
PE isn’t the best way to get into b-school
+26BSCHby 2nd Year Associate in Private Equity - LBOs">Associate 2 in PE - LBOs
Share a day that looked like a Suits/Billions episode
+21IBby Intern in Investment Banking - Generalist">Intern in IB - Gen
What's Wrong with Warburg Industrial & Business Services?
+16PEby 1st Year Analyst in Investment Banking - Mergers and Acquisitions">Analyst 1 in IB-M&A
Slow Weeks?
+15IBby 1st Year Analyst in Investment Banking - Mergers and Acquisitions">Analyst 1 in IB-M&A

Total Avg Compensation

February 2021 Private Equity

  • Principal (7) $694
  • Director/MD (15) $627
  • Vice President (61) $374
  • 3rd+ Year Associate (62) $269
  • 2nd Year Associate (119) $246
  • 1st Year Associate (256) $223
  • 3rd+ Year Analyst (24) $164
  • 2nd Year Analyst (58) $137
  • 1st Year Analyst (168) $119
  • Intern/Summer Associate (18) $71
  • Intern/Summer Analyst (182) $59

Leaderboard See all

1
LonLonMilk's picture
LonLonMilk
98.5
2
Jamoldo's picture
Jamoldo
98.4
3
Secyh62's picture
Secyh62
98.3
4
CompBanker's picture
CompBanker
97.9
5
redever's picture
redever
97.8
6
frgna's picture
frgna
97.6
7
Addinator's picture
Addinator
97.6
8
NuckFuts's picture
NuckFuts
97.5
9
bolo up's picture
bolo up
97.5
10
Edifice's picture
Edifice
97.5