H.I.G. Capital opens Madrid Office
H.I.G. Capital has opened a Madrid office and appointed Jaime Bergel as managing director to lead its operations in Spain.
Bergel was previously the founder and CEO of Spanish private equity firm Gala Capital. Prior to that, he was a managing director and head of Spain for both Goldman Sachs and Merrill Lynch.
Despite short term challenges in Spain, H.I.G. Capital believes that in the long run the economy will recover. The firm sees many attractive businesses in the country and expects to be an active investor in the region.
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