HIG Bayside Capital (Bayside), the distressed debt and special situation affiliate of HIG Capital (HIG), has promoted Andrew Scotland to Co-Head of the firm’s European special situations debt activities.Scotland will act as co-head alongside Bayside Managing Director Duncan Priston.
Scotland has over twenty-two years of investment banking and distressed investment experience. He previously worked as a Managing Director in RBS’s Special Situations Group for more than six years, where he was focused on European distressed investments.
Executive Managing Director John Bolduc says: “Since joining the firm in 2013, Andrew has been instrumental in helping to grow the firm’s distressed debt portfolio in Europe. He is an asset to our team, and we are delighted to expand his role within Bayside.”
Co-Head of Bayside’s European special situations debt activities, Duncan Prison, adds: “I congratulate Andrew on his well-deserved promotion and am excited about the opportunities his promotion can generate as we continue to execute HIG’s successful Bayside European strategy. I look forward to collaborating more closely with Andrew as Bayside continues playing an important role in the European credit markets.”
