H.I.G. Capital has appointed Brian Schwartz as Chief Executive Officer, as the private equity firm advances its leadership transition and positions for its next phase of growth.

Schwartz succeeds Co-Founder Sami Mnaymneh, who will transition to Executive Chairman alongside Co-Founder Tony Tamer, remaining actively involved in the firm’s strategic direction and investment activities.

The appointment marks a continuation of H.I.G.’s long-term leadership development, with Schwartz having been a central figure in the firm’s expansion into a global multi-strategy platform.

“Brian has been instrumental to our success and a key driver of the firm’s growth and evolution. I am confident that under his leadership, H.I.G. is very well positioned to further build on its middle market leadership position,” said Sami Mnaymneh.

Schwartz joined H.I.G. in 1994 and has held a range of senior leadership roles, most recently serving as Co-President for more than six years, where he oversaw day-to-day operations and firmwide strategy.

“It is an honor to step into the role of CEO and to lead H.I.G. at this important point in its evolution. I am deeply grateful to Sami and Tony for building a firm defined by disciplined investing, operational focus, and a strong culture,” said Brian Schwartz.

In parallel, H.I.G. has promoted Doug Berman, Head of U.S. Private Equity, to Co-President, where he will serve alongside Rick Rosen. Berman has led the firm’s U.S. private equity business through a period of significant expansion, strengthening its middle-market investment platform.

“With our differentiated platform and experienced team, we are well positioned to capitalize on opportunities and continue delivering strong outcomes for our investors,” Schwartz added.

H.I.G., which manages approximately $74bn in assets, has grown into a global investment platform spanning private equity, credit, and real assets, with more than 1,000 employees across 18 offices.

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