H.I.G. Capital Bayside Capital Closes Seventh Fund on $1 Billion

– H.I.G Bayside Capital, special situations credit affiliate of H.I.G. Capital Final closing of H.I.G. Bayside Loan Opportunity Fund VII (“Fund”).

– Raised $1 billion in aggregate capital commitments.

– Focuses on special situations credit opportunities in the European middle market.

– Established in 2006, the European strategy primarily invests in senior secured European stressed and special situations credit.

– Targets equity-like returns with disciplined portfolio construction and deal selection.

– Proven track record of higher returns and lower volatility compared to credit indices.

– H.I.G. Bayside Loan Opportunity Fund V awarded “Best Performing Debt Fund Over $1.5B” by Private Equity Wire/Bloomberg in 2022.

– Sami Mnaymneh and Tony Tamer emphasized H.I.G.’s status as a leading credit investor in middle markets globally. Highlighted the synergistic platform across U.S., Europe, and Latin America generating risk-adjusted returns over cycles.

– Andrew Scotland and Duncan Priston highlighted the favorable market environment for special situations credit investing. Noted the team’s readiness to capitalize on investment opportunities in the challenging European market.

– Jordan Peer Griffin stressed the Fund’s ability to offer a broad range of investment opportunities across private equity, credit, and real assets. Acknowledged strong investor support from a diverse, global base.

– Backed by a diverse range of investors, including: Public and private sector pensions, endowments, foundations, asset managers, consultants, funds of funds, financial institutions, and family offices.

– Geographic diversity includes North America, Europe, Asia, and the Middle East.

– H.I.G Bayside Capital Focused on middle market companies and investing across primary and secondary debt markets. Emphasizes long-term returns through superior risk-adjusted investments. Operates with eight offices across the U.S. and Europe, leveraging a team of over 500 investment professionals.