The $50 billion alternative investment firm H.I.G. Capital has hired Kim Leinwand Erle as managing director and global head of ESG, a newly created role.
Officials said the position reflects the firm’s ongoing commitment to the integration of environmental, social and governance best practices across the firm.
Previously, Erle had been at NY Green Bank, a specialty finance company, where she supported sustainable investments in the clean energy markets. She was also a member of the New York State Energy Research & Development Authority’s Diversity, Equity & Inclusion Strategy Planning Committee. “We are thrilled to welcome Kim to the team,” said Rick Rosen, co-president of H.I.G., in a statement. “Her expertise in sustainability will enhance the firm’s ESG focus across the firm and our portfolio companies, allowing H.I.G. to make a positive impact while creating long-term value for our stakeholders.”
The team’s establishment of a standalone ESG function is an important milestone for the firm, according to Jordan Peer Griffin, executive managing director at H.I.G.
“H.I.G. has a long and successful track record investing across the alternatives landscape,” said Erle in a statement. “I am delighted to join the H.I.G. team and help the firm further drive measurable value for its investors through ESG-related initiatives.”