HIG Capital (HIG) has appointed Ed Pallesen to lead its Infrastructure team in the US.
Pallesen was previously a Managing Director at Goldman Sachs, where he led the Americas team at the Goldman Sachs Infrastructure fund. He started his career in Goldman Sachs’ Investment Banking division, spending several years on the TMT team. He is a graduate of the Harvard Law School and Oxford University where he was a Rhodes Scholar. He also clerked at the US Supreme Court.
HIG’s Infrastructure investments are focused on mid-market opportunities and target mostly operating companies that can benefit from HIG’s value added operating expertise. HIG has previously completed more than a dozen such investments.
Sami Mnaymneh and Tony Tamer, founders and co-CEOs of HIG, says: “We are delighted to welcome Ed to HIG He brings a distinguished pedigree and track record to the firm and is the ideal person to lead our infrastructure activities.”
Ed Pallesen adds: “I am very excited to be joining the HIG team. Tapping into the HIG platform and the operating capabilities of its private equity team to drive value creation and superior returns in infrastructure assets is a unique opportunity and I look forward to expanding the firm’s activities in what is an overlooked segment of the infrastructure market.”
