H.I.G. Capital Closes $2 Billion Fund VII Amid Strong Investor Demand

H.I.G. Capital Closes $2 Billion Fund VII Amid Strong Investor Demand

– H.I.G. Capital is a global alternative asset management firm with $65 billion under management.

– Recently closed H.I.G. Capital Partners VII (“Fund VII”) with $2 billion in capital commitments.

– Fund VII was significantly oversubscribed, indicating high investor demand.

– The fund continues H.I.G.’s strategy of control equity investments in U.S. lower middle market companies.

– Since 1993, H.I.G. has focused on middle market investments with complex opportunities for high risk/return.

– The firm invests in middle markets across the U.S., Europe, and Latin America through its family of private equity funds.

– Co-founders Sami Mnaymneh and Tony Tamer emphasize their focus on the middle market and consistent investor returns.

– Richard Stokes, Managing Director, highlights the team’s strength in navigating complex market dynamics and current market volatility.

– Fund VII is supported by 68 professionals leveraging H.I.G.’s scale and operational expertise.

Jordan Peer Griffin, Executive Managing Director, notes significant investor interest and support for H.I.G.’s funds beyond Fund VII.

– In 2024, H.I.G. has closed four funds: Fund VII, H.I.G. Advantage Buyout Fund II, H.I.G. Europe Realty Partners III, and H.I.G. Infrastructure Partners I.

– Fund VII’s diverse investor base includes sovereign wealth funds, pensions, insurance, financial institutions, foundations, endowments, family offices, and consultants from North America, Europe, the Middle East, and Asia.