Key Takeaways
- • H.I.G. Capital appointed three senior professionals to its Capital Formation Group within the Private Wealth Management team: Brian Dutzar (Managing Director, Denver), Adam Whitman (Principal, New York), and Steven Stack (Principal, Chicago), effective May 2026.
- • The firm, which manages $75 billion in capital under management, is strategically targeting the private wealth channel as a significant growth opportunity, focusing on distribution to registered investment advisors (RIAs), family offices, and multi-family offices.
- • The three appointees bring combined experience from leading alternative asset managers—Monroe Capital, Sculptor Capital, and Neuberger Berman—with proven track records in business development across regional wealth management networks.
- • H.I.G.'s expanded team will provide capital solutions spanning the firm's full investment spectrum: private equity, credit, and real assets strategies to institutional and high-net-worth clients in underserved geographic regions (Central, Western, Southeast, Mid-Atlantic, and Midwest U.S.).
- • Jordan Peer Griffin, Executive Managing Director and Global Head of Capital Formation, characterized the private wealth distribution channel as "one of the most significant growth opportunities for H.I.G.," signaling strategic prioritization of this market segment.
Summary
H.I.G. Capital announced three senior hires to strengthen its Private Wealth Management division's capital formation capabilities, effective May 2026. The firm appointed Brian Dutzar as Managing Director based in Denver, while Adam Whitman and Steven Stack joined as Principals in New York and Chicago, respectively. All three will operate within H.I.G.'s Capital Formation Group, reporting to Whitney Ehrlich, Managing Director and Head of U.S. Private Wealth Management.
The three appointees bring substantial business development experience from peer-level alternative asset managers. Dutzar previously served as Managing Director at Monroe Capital, where he led institutional and high-net-worth client development across the Central and Western United States, targeting RIAs, multi-family offices, broker-dealers, and wealthy individuals. Whitman held a Principal role at Sculptor Capital focused on Southeast and Mid-Atlantic wealth management channels, including RIAs, multi-family offices, and wirehouse firms. Stack transitioned from Neuberger Berman, where he held a Regional Vice President position managing business development with Midwest-based multi-family offices and RIAs.
H.I.G., a $75 billion alternative investment firm, is deploying this expanded team to distribute its investment capabilities—spanning private equity, credit, and real assets strategies—to the wealth management community. Jordan Peer Griffin, Executive Managing Director and Global Head of Capital Formation at H.I.G., characterized the private wealth channel as "one of the most significant growth opportunities for H.I.G.," highlighting the strategic importance of this distribution initiative. The geographic diversity of the three positions (Denver, New York, Chicago) suggests H.I.G.'s intention to build regional presence and deepen relationships with wealth advisors outside traditional coastal financial centers, broadening access to its multi-strategy offerings among institutional and high-net-worth investor bases.
The three appointees bring substantial business development experience from peer-level alternative asset managers. Dutzar previously served as Managing Director at Monroe Capital, where he led institutional and high-net-worth client development across the Central and Western United States, targeting RIAs, multi-family offices, broker-dealers, and wealthy individuals. Whitman held a Principal role at Sculptor Capital focused on Southeast and Mid-Atlantic wealth management channels, including RIAs, multi-family offices, and wirehouse firms. Stack transitioned from Neuberger Berman, where he held a Regional Vice President position managing business development with Midwest-based multi-family offices and RIAs.
H.I.G., a $75 billion alternative investment firm, is deploying this expanded team to distribute its investment capabilities—spanning private equity, credit, and real assets strategies—to the wealth management community. Jordan Peer Griffin, Executive Managing Director and Global Head of Capital Formation at H.I.G., characterized the private wealth channel as "one of the most significant growth opportunities for H.I.G.," highlighting the strategic importance of this distribution initiative. The geographic diversity of the three positions (Denver, New York, Chicago) suggests H.I.G.'s intention to build regional presence and deepen relationships with wealth advisors outside traditional coastal financial centers, broadening access to its multi-strategy offerings among institutional and high-net-worth investor bases.
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