HGGC is a technology-focused middle market investing firm. They have been reporting favorable results from their investments for some time, prompting Dyal Investment Capital to make a sizable strategic investment in HGGC. Knowing that the true secret to success in investment is a great staff, HGGC used a portion of the investment to promote some valued team members and make some new hires, both moves intending for the firm to increase its ability to generate positive investment returns.
As detailed in several articles from the end of April, 201, HGGC has added five new partners, promoted several other employees and made a series of new hires all with the intent of improving the talent pool available for the firm.
HGGC’s Steve Young – “We are thrilled to announce our partnership with @partnersgroup together with @TAAssociates to provide even more support to Randy Jacops and the @Idera_Software team globally.” #HGGC #software #privateequity pic.twitter.com/nksZS0cX4W
— HGGC (@HGGC_LLC) May 23, 2019
The new partners are Les Brown, John Block, Steve Leistner, Harv Barenz and Lance Taylor. All five have a history at HGGC, holding various important positions within the firm for years, Brown being the longest-employed member with a start date of 2007. With these new additions to the Partners of the company, it is hoped that their expanded roles will lead to expanded results from their already proven work quality.
Other promotions include Kurt Krieger being promoted from General Counsel to Chief Legal Counsel. Krieger also holds several other attorney-related roles within the firm.
Jay Tabu has gone from being a Vice President to the role of Principle. He has been with the firm since 2010.
Chris Schulze has advanced to Vice President from his role as a Senior Associate.
Peter Cozzi and Neha Vaidya have each been promoted from Associate to Senior Associate, rounding out the promotion of existing staff.
HGGC has also hired new talent to bolster their strengths. Lindsay Sparks and Greg Caltabiano have been hired on as new Executive Directors. Each brings experience to their new roles at the firm. Mo Gulamhusein has come aboard as a Vice President and Holand Reynolds has joined as an Investment Associate. New Fund Accountant for the Operations Team Chandni Shah has also come aboard.
Co-founders Rich Lawson and Steve Young are excited for the new opportunities ahead for the firm.