H.I.G. Capital ("H.I.G."), a leading alternative investment firm with $39 billion of equity capital under management, is pleased to announce that Timur Akazhanov has joined H.I.G. as a Managing Director of H.I.G. Capital’s Advantage Fund. Timur is based in H.I.G.’s New York office, where he focuses on investing in business services and tech-enabled services sectors.

Timur has more than a decade of private equity experience in a broad range of industries, including services, education, industrials, media and healthcare. Prior to joining H.I.G., Timur was a Managing Director at Blackstone, focusing on industrials, education and service businesses. Prior to Blackstone, Timur spent four years at Bain Capital and two years at McKinsey and Company.

Co-President Brian Schwartz commented, “We are delighted to welcome Timur to the team. His deep industry experience will be invaluable to the Advantage team as we continue sourcing promising opportunities for the Advantage Fund, which makes control equity investments in more stable companies with EBITDA between $25 million and $150 million.”