HMI traces its heritage to the Hellman family's history in money management and the rise of Hellman & Friedman LLC in private equity. Warren launched investment management practices and established values that continue to inform HMI's business.

HMI invests in businesses with high-quality models that can grow and generate free cash flow over a 5- to 10-year horizon. It seeks strategic positions in expanding value chains where competition or substitution will not impair growth, return on capital or cash flow.

HMI Capital is a San Francisco-based investment firm established during the 2008–2009 financial crisis. It invests globally in public and private companies in consumer and business services, financial services, and software and technology.

HMI Capital is a San Francisco-based investment firm established during the 2008–2009 financial crisis. It invests globally in public and private companies in consumer and business services, financial services, and software and technology.