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HIG Capital opens office in Colombia

Private equity and alternative asset investment firm HIG Capital has expanded its footprint in Latin America with the opening of an office in Colombia.

Founded in 1993, HIG focuses on private equity investments in small and mid-sized companies where it can play a significant role in helping to unlock potential value by supporting the companies’ operations.
HIG is already active in Latin America, having established operations in Brazil since 2012, and raising a dedicated USD740 million Latin America fund in 2015.
HIG’s Colombia office is based in Bogotá and is led by Andrés Marulanda. Marulanda has over nine years of experience in the Colombian private equity market, and has held senior positions at Advent International and Mercantil Colpatria. He also has experience in strategy consulting at global firms such as McKinsey and Booz Allen Hamilton.
Marulanda says: “I am delighted to be leading HIG’s efforts in Colombia. The opening of the Bogotá office is a reflection of HIG’s commitment to Colombia. We see a great opportunity to apply HIG’s considerable resources, expertise, and global network to the local market and be the preferred partner to leading entrepreneurs and business owners in Colombia.”
Fernando Marques Oliveira, head of HIG Latin America, says: “We are excited to welcome Andres to the team. With his local expertise and knowledge, we are confident HIG will further strengthen its position as the leading investor in the small and mid-cap segment of the market in Latin America, which is generally overlooked by most international investors. Colombia is a highly stable and attractive market with an increasingly sophisticated business community, and represents an important part of our strategy in the region.”

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