Boston-based H.I.G. Growth Partners has promoted Nik Shah to managing director. Shah has been with the firm since 2008, focusing on investments in industries including technology, digital media, marketing and business services.
In his new role, Shah will focus on investments across sectors as H.I.G. Growth Partners continues to expand and invest its $500 million growth equity fund.
Prior to joining H.I.G., Shah was a senior associate at Landmark Growth Capital Partners, an associate at AH Ventures and an analyst at Adams Harkness.
H.I.G. Growth Partners is the growth capital investment affiliate of H.I.G. Capital, a global private equity investment firm with over $17 billion of capital under management. The firm makes investments in companies located throughout North and South America, and Europe.
As PEI reported earlier this month, H.I.G. appointed Gustavo Loyola to its Latin America advisory board. Loyola has twice served as the chairman of the Brazilian Central Bank and is currently a co-founder of Tendencias Consultoria.
H.I.G. created its Latin American advisory board as part of an expanded presence in the region. The firm first opened an office in Brazil in 2012, and now maintains four offices in the country.