Bayside appoints Hamdani, Priston to lead distressed investment teams

By Ashley Montgomery

Kansas City, Kan., Sept. 20 - H.I.G. Capital has hired Ahmed Hamdani and Duncan Priston to be managing directors on the London desk of the firm's distressed debt and special situations affiliate, Bayside Capital, the company announced in news release.

Hamdani will manage the firm's non-corporate distressed investment team with a focus on asset classes including real estate, shipping and aircraft.

Priston will lead Bayside's non-control distressed corporate debt investment team.

"They are both very experienced and successful investors who significantly add to the expertise and capabilities of our Bayside team," Sami Mnaymneh, H.I.G. co-founder and managing partner, said in a news release.

"I am confident they will play an instrumental role in Bayside's continued development and growth"

Both men have more than 10 years of experience in the European distressed market. Hamdani previously worked with Trafalgar Asset Managers as a portfolio manager of the distressed credit fund. Priston previously worked with Strategic Value Partners as partner and head of European Trading.

H.I.G. is an investor in U.S. and European small and middle market companies.

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