UK - HIG Capital hires Paul Canning from Gresham

Paul Canning has joined HIG Capital from Gresham Private Equity. Earlier this week, HIG Capital announced the final close of its European-focused fund on its hard cap of EUR 600m. The vehicle will invest in companies with an enterprise value of no more than EUR 150m, mainly in the UK, France and Germany, where the firm's offices are located. HIG expects to have more than 30 investment professionals across Europe by the end of 2007. Related links: http://www.higcapital.com/