HGGC Enters Agreement With Dyal To Bolster Investment Muscle

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The Palo Alto-based private equity firm HGGC has announced that Dyal Capital Partners has opted to buy a passive, non-voting minority stake in the company. Richard Lawson is Chairman and CEO of HGGC. He said the deal with Dyal will provide his firm with “balance sheet capital” that will support its investing platform while also increasing commitments to its own funds.

The investment by Dyal will not have no impact on the current day-to-day operations of HGGC, Lawson said. Also, the transaction will not change what has been a remarkably successful strategy for HGGC.

This firm is focused on high-tech, middle-market firms that can benefit from massive upgrades in technology. This helps them compete in a business environment that has been powerfully altered by such tech giants as Amazon over the past decade or more.

HGGC was founded in 2012 and has experienced rapid growth since. Today the firm reports $4.3 billion in cumulative capital commitments and a total enterprise value of $20 billion. It has achieved 118 portfolio investments. Its portfolio companies comprise some 63,000 employees.

It’s a company that invests in firms that have been determined to be highly competitive in markets defined as “defensible.” HGGC seeks to add value through supplying key operating skills and building relationships. Lawson likes to say his company distinguishes itself by demonstrating an ability to seek out and invest and/or acquire businesses with strong potential to scale creating partnerships with owners, managers, founders and sponsors.

In addition to Richard Lawson, the company is steered by a team of financial all-stars with long track records of success in their respective sectors. They include the former NFL legend Steve Young, the quarterback who led the San Francisco 49ers to three Super Bowl wins. He was conducted into the NFL Hall of Fame in 2005. He is now determined to make his mark in the highly competitive PE world.

Other big names include Gregory M. Benson, a former Bain Capital executive. Leslie M. Brown was former Nutraceutical International CFO. Original founders included the legendary Jon M. Huntsman, the founder of Huntsman Chemical Corporation, and Robert C. Gay, a significant figure with the LDS Church.

https://www.prnewswire.com/news-releases/rpx-corporation-to-be-acquired-by-hggc-for-10-50-per-share-300639821.html

The Story behind the Rise of HGGC

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Most successful companies have a very interesting story about how they were founded. Private equity firm HGGC is no different. The company was started with very little fanfare in 2007. In the years since then, it has grown into a massive company with literally billions of dollars of assets. It was not simple luck that allowed this company to become this big and powerful. It all started with the idea that three men had in late 2006. They had all been working at various investment companies around the world. They wanted to join forces and poll their resources for the purpose of creating a private equity company that would be different than all the rest. HGGC was born as a result of this idea.

HGGC did not have much capital when it started. What it did have was a bunch of skilled people who were dedicated to making the company a success. They were very careful with their investments early on. This is a tradition that would continue into the present. One of the things that the company is best known for is how they carefully examine each investment before they commit money to it. This methodical approach was criticized by many people when the company was new. However, the results that HGGC was able to produce were able to change the minds of many people.

The company knew very early on that they wanted to have technology play a very large role. There were various algorithms that were being used for investing purposes. They hired people to design new algorithms that were much better than the ones that were being used by some of their competitors. The advanced technology proved to be a big benefit to the company. The algorithms allowed the company to select many profitable investments that they otherwise might have ignored completely.

The company wanted to be based in CA because of the nice weather. They also wanted to be close to the heart of the tech world. This is why they eventually settled on Palo Alto to build their headquarters. That have been based in that city since the beginning.

 

https://www.reuters.com/article/us-helpsystems-m-a-hggc/private-equity-firm-hggc-to-invest-in-helpsystems-sources-idUSKCN1GA17G

Anil Chaturvedi: Brief Informations on Education and Careers

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Anil Chaturvedi serves now as a managing director. This banker has about forty years experience with some of the head international banks. He is located in the Geneva Area of Switzerland. He is specialized in banking that is both private and corporate. It also specializes in cooperate advisory business and investment banking. This is with distinct focus on cross border transactions happening with India and Europe.

For his education, he attended “Dehli University”. This was from 1970-1973. “Delhi University”. It was there where he got for Economic Honors his Bachelor of Arts. Also, at the FMS, Delhi University for the topic of Financial Management he got an M.B.A from 1971-1973.

Anil Chaturvedi has been involved in different jobs. An early one he did began in September of 1987 at “Manager (Development & Planning”). In this job he showed a responsibility for strategic implementation and planning of a strategy of marketing in order to gather business on Indians who were nonresident in America. In this job he gained the honor of receiving the “Man of Year”. He also succeeded in strategizing the implementation and marketing which created an outcome of a new business of more than $500 million. This was in a total of four years.

The most recent job he was involved into was at the “Hinduja Bank”. His job there began in November 2011. He served as a managing director there. He shows responsibility for the creation of a business in the corporate advisory category. This job includes making cross border strategic alliances more simple between corporates in the locations of Asia, USA, India, and Europe. This is also in acquisitions and mergers, the selling and reorganization of credit syndication, organizations that are international, and capital that is raised form institutional investors. Other jobs he was involved in was at “Merrill Lynch” as the International Managing Director for Merrill Lynch from 1991-2011 in the greater New York City Area. He also from 1991 to 1993 worked at “ANZ Grindlays Bank” located in New York. He served for Operations of the United States as the Vice President and the Senior Representative.

https://www.guidestar.org/profile/56-2547771