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Torchlight's Schwartz Joins H.I.G. Bayside

The investment and finance veteran will head US distressed commercial real estate for H.I.G.'s Bayside Capital platform.

By Paul Bubny | paulbubny | Updated on September 25, 2017

Exterior of office building H.I.G. Capital’s headquarters in Miami. (Photo: Coastal Construction)

MIAMI—H.I.G. Capital has tapped Steven Schwartz, former head of acquisitions and originations at Torchlight Investors, to head US distressed commercial real estate for its H.I.G. Bayside Capital platform. The investment and finance veteran joins Bayside Capital as a managing director.

Sami Mnaymneh and Tony Tamer, H.I.G.’s co-CEOs, note that Schwartz brings to the company “an enviable record of success, in commercial real estate and has built deep relationships based on flexibility, responsiveness, and a long-term orientation. We are confident that he will make a significant contribution to growing H.I.G.’s distressed investing activities.”

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