HIG Capital has appointed Stuart Aronson, former Head of GE Capital’s Sponsor Finance Group (GSF), as head of the US Direct Klending team at HIG WhiteHorse.
Aronson served as the President and CEO of GSF and was an Officer of the General Electric Company. From 2010 to 2015, GSF was the leading provider of debt financing to U.S. sponsor middle market companies.
HIG WhiteHorse is a provider of customised financing solutions to performing small and middle market companies including senior secured loans, unitranche loans, second lien loans and structured equity. Also joining HIG WhiteHorse are several senior originators from GE Capital, including James Kenefick who served as the GE Antares’ Head of West Coast Sponsor Finance, Mark Bernier who served as GE Sponsor Finance’s Head of Telecom and Technology and Gina Provenzale who provided sponsor coverage for GE Antares. They will be joining HIG WhiteHorse’s team of 33 dedicated investment professionals, globally.
Sami Mnaymneh and Tony Tamer, Co-CEO’s of HIG, says: “We are delighted to welcome Stuart and his team to HIG They bring an enviable record of success, especially in the sponsor community, where they have built deep relationships based on flexibility, responsiveness, and a long-term orientation. We are confident that they will make a significant contribution to growing HIG’s direct lending activities.”
