H.I.G. Capital adds to real estate team


H.I.G. Capital has named Tareck Safi to its real estate team as managing director and head of real estate debt. Previously, he worked at PIMCO where he was head of commercial real estate debt investments for EMEA.

PRESS RELEASE

May 15, 2019 07:36 AM Eastern Daylight Time

LONDON–(BUSINESS WIRE)–H.I.G. Capital (“H.I.G.”), a leading global alternative asset management firm with over $30 billion of equity capital under management, is pleased to announce that Tareck Safi has joined the firm’s real estate team as Managing Director and Head of Real Estate Debt. Tareck brings over 20 years of experience originating, structuring and investing in real estate debt. He is based in H.I.G.’s London office.
Prior to H.I.G., Tareck was Head of Commercial Real Estate Debt Investments for EMEA at PIMCO, focusing on private transactions. He previously held senior positions at Societe Generale and RBS.

He holds a master’s degree in finance from the London School of Economics. He also has a statistics degree from ENSAE and an engineering degree from the Ecole Polytechnique.

Riccardo Dallolio, Managing Director and Head of H.I.G. Realty Partners in Europe, commented: “I am delighted to welcome Tareck to the firm. Tareck is a very experienced and successful real estate debt investor who brings a wealth of real estate knowledge and experience. Under his leadership, we will continue expanding our real estate debt platform across Europe.”

About H.I.G. Capital
H.I.G. is a leading global private equity and alternative assets investment firm with over $30 billion of equity capital under management.* Based in Miami, and with European offices in London, Hamburg, Madrid, Milan, Paris, and U.S and Latin American offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, Stamford, Bogotá, Rio de Janeiro and São Paulo, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach:

1. H.I.G.’s equity funds invest in growth investments, management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.

2. H.I.G.’s debt funds invest in senior, unitranche and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.

3. H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.

Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.

* Based on total capital commitments managed by H.I.G. Capital and affiliates.