H.I.G. Capital Strengthens Iberian Private Equity Push with New Head of Spain
Event summary
- H.I.G. Capital appoints Carlos Couret as Managing Director and Head of Lower Middle Market Private Equity in Spain.
- Couret brings 17 years of mid-market private equity experience, previously at ProA Capital and BNP Paribas.
- H.I.G. manages $75 billion in assets across global private equity, debt, real estate, and infrastructure funds.
- Appointment follows a one-year interim period led by Olivier Boyadjian.
The big picture
H.I.G.'s appointment underscores the firm's commitment to expanding its footprint in Southern Europe, a region increasingly attractive for private equity due to economic recovery and consolidation opportunities. With $75 billion in AUM, H.I.G. is positioning itself to capitalize on mid-market deals in Spain, where Couret's industry relationships could prove decisive.
What we're watching
- Deal Flow Acceleration
- Whether Couret's deep Iberian network can drive faster deal origination in Spain and Portugal.
- Portfolio Performance
- How H.I.G.'s focus on operational improvements will impact its 100+ company portfolio.
- Regional Expansion
- The pace at which H.I.G. scales its presence in Southern Europe beyond Spain and Portugal.