H.I.G. Capital announced that Carlos Soto has joined the firm as a Managing Director and Head of U.S. Private Equity Business Development.

Soto will be responsible for leading the business development and transaction origination efforts for all of H.I.G.’s U.S. private equity funds. With over 12 years of private equity origination experience, Soto joins H.I.G. from MSD Partners, where he was a Managing Director and Head of Business Development in the Private Capital Group. Prior to MSD Partners, Soto was a Managing Director and Head of Business Development at Comvest Partners, where he was responsible for managing the private equity origination team. Prior to Comvest, Mr. Soto was a member of the business development team at The Gores Group.

Doug Berman, Head of U.S. Private Equity at H.I.G., added, “We have known Carlos for many years, and are excited to have him joining the H.I.G. team. 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.”