In March 2019, the private equity firm HGGC (Huntsman Gay Global Capital) announced that ten current employees have received promotions. Additionally, five new names were added to the firm’s payroll. The promotions and addition of new staff are the results of a strategic investment in Huntsman Gay made by Dyal Capital Partners.
The Promotions List
Peter Cozzi was promoted to Senior Associate. Kurt Krieger who sits on the board of multiple HGGC companies has been elevated to Chief Legal Officer. Prior to his promotion to Principal Jay Tabu held the post of Vice President. Previously a Senior Associate Chris Shulze is now a Vice President. Lance Taylor was promoted to Chief Financial Officer. Neha Vaidya moved up from Associate to Senior Associate.
The New Partners
An 11-year employee Harv Barenz’s chief responsibility is to guide companies in the HGGC portfolio through acquisitions. Most recently Les Brown served on the Board of Directors of Huntsman Gay’s Fund II. Steven Leistner’s responsibilities at HGGC have included working on the firm’s Fund II and Fund III.
The Mi9 Merger
In 2018 Huntsman Gay Global Capital merged with Mi9 Retail. John Block who was instrumental in bringing about the merger was among those recently elevated to partner at HGGC. Mi9 produces retail software that is utilized by hundreds of well-known brands including Nike. The merger provides Mi9 with capital for new product development.
About Huntsman Gay Global Capital
HGGC’S primary focus is on investing in technology companies. Currently, the firm’s investment portfolio consists of 130 companies. Those 130 companies represent $4.3 billion in investments. Since its inception in 2007, the total value of Huntsman Gay Global Capital’s investment portfolio has grown to exceed $20 billion.
About Dyal Capital Partners
Through its Business Service Platform (BSP) Dyal Capital offers Capital Strategies and Advisory Services to the financial firms it works with. As an investment firm Dyal operates as a minority investor. A minority investment is less than 50% stake in a company. A multinational company Dyal Capital Partners manages $21 billion in capital commitments.