Focused on technology investments, HGGC is a middle-market investing firm with more than $4.3 billion in financial commitments ranging from platform investments to add-on acquisitions to liquidity events and recapitalization. In their history, HGGC has processed almost $20 billion in investment funds across over 120 different investment companies using its “Advantaged Investing” model that allows for acquisitions paired with partnerships with existing management and investment teams. The success of this model has resulted in a sizable strategic investment from Dyal Capital Partners. This investment allows HGGC to improve its current staff through promotions and new hires. This infusion of new staff and positions serves to increase the portfolio of the firm and strengthen their ability to stay profitable moving forward.
Several new partners were announced from among existing staff, turning Les Brown, John Block, Steven Leistner, Harv Barenz and Lance Taylor into Partners at HGGC, increasing their role and their stakes in the firm’s continued success.
There were other promotions at the firm as well, such as the promotion of Kurt Krieger from General Counsel to Chief Legal Officer, Jay Tabu to Principal from Vice President and Chris Schulze to Vice President from Senior Associate. Peter Cozzi and Neha Vaidya have also both gone from Associate to Senior Associate. All of these employees have contributed to the success of HGGC and their new roles are expected to allow them to do more moving forward.
There are also a series of new hires designed to strengthen the existing talent pool at the firm. Lindsay Sparks and Greg Caltabiano have joined as Executive Directors. Mo Gulamhusein has been hired as a Vice President after his graduation from Harvard with an MBA and his recent internship at HGGC. Chandni Shah has joined as a Fund Accountant in the Operations Division. Holland Reynolds comes from Cambridge Associates to serve as an Investment Associate. With this new group of people working at the firm it is hoped that future growth will continue at a steady pace,if not improve. Co-founders Steve Young and Rich Lawson have said that these recent changes are exciting for the firm.