The $50 billion alternative investment firm H.I.G. Capital hired Carlos Soto as a managing director and head of U.S. private equity business development.
Based in the firm’s Miami office, Soto will lead the business development and transaction origination efforts for all of H.I.G.’s U.S. private equity funds. He had been at MSD Partners previously, where he was a managing director and head of business development in the Private Capital Group. Prior to that he was a managing director and head of business development at Comvest Partners, where he was responsible for managing the private equity origination team. He was a member of the business development team at The Gores Group, prior to Comvest.
“We have known Carlos for many years and are excited to have him joining the H.I.G. team,” said Doug Berman, head of U.S. Private Equity at H.I.G. “He has a long history in private equity, having managed business development for several top tier firms. Carlos has outstanding long-term relationships throughout the entire private equity ecosystem, and we look forward to working with him to continue expanding the H.I.G. platform.”