Alternative asset investment firm HIG Capital has appointed Appu Mundassery as the firm’s head of direct lending in Europe.
Based in London, Mundassery joined HIG in 2009 as a managing director.
With affiliates in the UK, France, Germany, Italy and Spain, HIG’s European direct lending team manages a sizeable portfolio of directly originated par loans to small and mid-size companies with EBITDA up to EUR25 million.
John Bolduc, HIG executive managing director who oversees HIG’s global credit platform, says: “Appu has done a terrific job helping us develop our direct lending business in Europe and under his leadership, I am confident that we will further build upon our leading position.”