Firm Overview:
H.I.G. Capital is a leading global private equity investment firm with $74 billion of assets under management with a focus on the mid cap segment of the market. The H.I.G. family of funds includes private equity, growth equity, real estate, direct lending, special situation credit, and growth-stage healthcare. We focus on providing capital to businesses with attractive growth potential and align ourselves with committed management teams and entrepreneurs to help grow businesses of significant value. Our team of over 500 investment professionals has substantial operating, consulting, technology, and financial management experience, enabling us to contribute meaningfully to our portfolio companies. H.I.G. is based in Miami, with offices in Atlanta, Boston, Chicago, Los Angeles, New York, and San Francisco, and affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, and Paris in Europe as well as Bogota, Rio de Janeiro, and Sao Paulo in Latin America, Dubai in the Middle East, and Hong Kong in Asia.
Role Overview:
Due to the significant growth and expansion of our firm, we are currently seeking an Analyst to focus on the Credit funds to join the Performance Reporting Group (PRG) located in either our Coral Gables or Boston office.
The successful candidate will join a strong team that plays an integral role in analyzing, evaluating, providing insights, and summarizing the performance of the investments, portfolios, and funds of the various platform strategies of HIG for both internal constituents and existing and potential investors. The team also conducts various ad hoc and pro forma analyses related to the performance of investments, portfolios, and funds and assists in the development of new fund products and strategies. The selected candidate will work closely with teams across the organization, including Capital Formation, Deal Teams, Investor Reporting and Services, Accounting, Operations, Valuation, and Senior Management. As part of the PRG, you will have the opportunity to make an immediate impact within the growing firm, gaining the necessary tools and exposure to advance and succeed in their career.
Role Responsibilities:
- Calculate gross, net and pro forma IRRs, TWRs, Multiples and other performance and financial statistics and ratios.
- Maintain, own, and prepare various attribution reports, investor reports, performance metrics reports, and track records.
- Engage directly with leadership, capital formation and deal teams to produce and deliver valuable insights.
- Develop, maintain, and enhance data extracts and report templates to accurately and efficiently aggregate data to analyze investments and funds.
- Conduct as needed various ad hoc and pro forma analytics at the investment, portfolio, and fund level.
- Assist with special projects to standardize and enrich data across the platform to create meaningful reporting.
- Actively monitor activity of investments and fund performance to ensure changes are accurately reflected in reports.
- Model fund and strategy returns with pro forma and sensitivity analyses for Deal Teams and Senior Management.
Requirements & Qualifications:
- 2-5 years of relevant experience in finance, business analytics, or investment operations, preferably within financial services (banking, private equity, hedge fund, etc.).
- Accounting, Finance or STEM degree with a strong academic record, progress towards or achievement of graduate degree or advanced certifications (e.g., CFA).
- Experience or strong knowledge of calculating performance and financial ratios for private equity, private credit and/or real asset portfolios.
- Experience with the Global Investment Performance Standards (GIPS) preferred.
- Distressed debt or direct lending experience, specifically term loans, revolvers, total return swaps, mezzanine debt and public and private bonds a plus.
- Advanced Excel skills - capable of conceptualizing, developing, and enhancing/modifying complex and sophisticated models.
- Strong data/systems skills - capable of working with large data sets and skillfully using tools to extract, aggregate, and manipulate data to get accurate results in an efficient and organized manner.
- Takes full accountability and ownership of work product and leads by example in areas of attitude, attention to detail, urgency, process improvement and quality of work.
- Strong planning and organizational skills with ability to adapt to new challenges in a dynamic environment while handling multiple projects.
- Effective communicator (verbally and written) that can engage directly with senior members of the team as well as with external parties and build working relationships across various departments at all levels.
- Self-motivated problem solver and demonstrates strong critical thinking, analytical skills, and attention to detail. Capable of innovative and creative thinking to find unique solutions.
- Collaborative individual who maintains a posi