H.I.G. Whitehorse Advisers, LLC (Miami)

Name: H.I.G. Whitehorse Advisers, LLC
Address: 1450 Brickell Avenue, Miami, FL, 33131
Telephone: 305-379-2322

H.I.G. Whitehorse Advisers, LLC is an investment adviser to a business development company based in Miami. It manages $514.09 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Connecticut, Florida, Illinois, and New York.

H.I.G. Whitehorse Advisers provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

H.I.G. Whitehorse Advisers: assets under management

The assets under management (AUM) of H.I.G. Whitehorse Advisers, LLC is $514.09 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 40% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $514.09 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $514.09 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay H.I.G. Whitehorse Advisers, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients John Paul Bolduc serves?

The only and largest group of clients of John Paul Bolduc is business development companies with 1 clients and $514.09 million of assets under management. Among the 9 most similar advisory firms, H.I.G. Whitehorse Advisers has the highest percentage of business development companies out of all clients.

The amount of regulatory assets under management is $514.09 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

H.I.G. Whitehorse Advisers doesn't advise any private funds.

Careers at H.I.G. Whitehorse Advisers, LLC

The company employs 52 people that are either part- or full-time employees. 79 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

John Paul Bolduc has been acting as President since 1 May 2012. Stuart Daniel Aronson joined the executive team most recently as the Chief Executive Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard Siegel	Chief compliance officer	1 May 2012	Other	6027607
James Dennis Carvell	Chief executive officer	1 May 2012	Other	5112688
John Paul Bolduc	Chairman	1 May 2012	Other	6179195
Ruth Brophy	Chief financial officer	1 May 2012	Other	6027611
Inc. Bayside Capital	Member	1 May 2012	75% - 100%	20-1588287
Ethan Michael Underwood	Chief operating officer	1 May 2012	Other	5112696
Llc H.I.G. Capital	Sole member, h.i.g. whitehorse advisers, llc	1 Sep 2014	75% - 100%	160711
Stuart Daniel Aronson	Chief executive officer	1 May 2016	Other	2252844

Indirect Owners

The SEC currently registers 14 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Anthony Tamer	Shareholder	1 Aug 2004	50% - 75%	6027594
Sami Mnaymneh	Shareholder	1 Aug 2004	50% - 75%	2038976
Llc Mnaymneh Family Management	General partner	1 May 2008	Other	xxx-xx-xxxx
The 2008 Tamer Descendants' Trust	Limited partner	1 May 2008	75% - 100%	xxx-xx-xxxx
Llc Tamer Family Management	General partner	1 May 2008	Other	xxx-xx-xxxx
Oscar Seikaly	Trustee	1 May 2008	Other	6030108
The 2008/2012 Mnaymneh Descendants' Trust	Limited partner	1 Jan 2012	75% - 100%	xxx-xx-xxxx
J.P. Morgan Trust Company Of Delaware	Trustee	1 Jan 2012	Other	51-0354501
Anthony Tamer	Limited partner	1 Sep 2014	25% - 50%	6027594
Sami Mnaymneh	Limited partner	1 Sep 2014	25% - 50%	2038976
Lp H.I.G. Capital Partners	Member	1 Sep 2014	Other	47-2345160
Llc H.I.G. Gp Global	Manager	1 Sep 2014	Other	47-2345110
Lp Mnaymneh H.I.G. Management	Limited partner	1 Sep 2014	25% - 50%	xxx-xx-xxxx
Lp Tamer H.I.G. Management	Limited partner	1 Sep 2014	25% - 50%	xxx-xx-xxxx

Based in Miami

The principal office where H.I.G. Whitehorse Advisers, LLC performs its advisory services is located at 1450 Brickell Avenue, Miami, FL 33131, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 305-379-2322 or by fax 305-381-4180. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at higwhitehorse.com.