Global private equity firm HIG Capital has named Marc Kramer as Managing Director in the firm’s New York office. Kramer, who joined HIG Capital in September, 2011 to invest out of the USD1.5 billion pool of equity capital allocated to HIG’s Middle Market investments, will be responsible for all aspects of the investment process, including origination, transaction structuring, financing, and post-closing portfolio oversight/growth strategies.
Prior to joining HIG, Kramer was a partner at Fenway Partners where he spent nearly ten years investing in the middle market. While at Fenway, he led the firm’s practice in the Transportation/Logistics sector developing investment strategy and focusing on transaction sourcing, execution and oversight. Kramer began his private equity career at Aurora Capital Group in Los Angeles and focused on buy and build strategies in consolidating industries. Earlier in his career, Kramer worked for Corporate Decisions, Inc, where he focused on conducting strategic due diligence and growth strategies for private equity firms. Kramer earned his MBA from Harvard Business School and a Bachelor of Arts with honours from Dartmouth College.
“Marc brings over fifteen years of private equity experience to our team and will be investing capital on behalf of HIG’s Middle-Market Fund, which focuses on providing capital to companies with USD200 to USD500M of enterprise value,” says Brian Schwartz, Executive Managing Director at HIG. “We are very excited to welcome him to the firm.”
