#USA #H.I.G. Capital #Miami #Private Equity #Fund IV

H.I.G. Capital's New Fund Aims at Lower Middle Market

H.I.G. Capital, a global leader in alternative asset management, has officially announced the final close of H.I.G. Europe Capital Partners IV ("Fund IV") with a remarkable total capital of €1.6 billion. This successful fundraising endeavor reflects a strong demand from both existing and new limited partners, having completed a fully subscribed first and last closing round just six months following the fund's launch.

H.I.G. plans to continue its established strategy with Fund IV, focusing on investments in under-managed European lower middle market companies. The firm will leverage its operational value creation model in challenging market dynamics, targeting complex investment situations. H.I.G. boasts a 19-year track record in Europe and employs over 150 investment professionals across key European offices in London, Milan, Hamburg, Paris, and Madrid. Since its first investment on the continent in 2007, H.I.G. has executed 92 private equity platform investments, specifically within the lower middle market and mid-market sectors.

Sami Mnaymneh and Tony Tamer, co-founders and co-CEOs of H.I.G., stated, “Our global platform gives us the scale, resources, and operational capabilities that set us apart in the middle market. Our long-standing presence in Europe, coupled with our proven ability to create value in complex situations, positions H.I.G. as the preferred partner for LPs seeking differentiated exposure to the European middle market.”

Wolfgang Biedermann, Executive Managing Director and Head of H.I.G. Private Equity for Europe, highlighted the appealing timing for launching Fund IV, noting numerous opportunities to implement a differentiated investment approach within the lower European middle market. He explained, “We focus on control investments in operationally complex and under-managed businesses, especially in scenarios where local presence, practical execution, and operational depth provide a clear competitive advantage. The robust performance and momentum of previous funds set a solid foundation for further success.”

Jordan Peer Griffin, Executive Managing Director and Global Head of Capital Formation, expressed gratitude for the overwhelming support from limited partners worldwide. “In a highly competitive fundraising environment, their sustained commitment led to an oversubscribed fund closing within a compressed timeline, reflecting confidence in our strategy, execution capabilities, and the compelling opportunities present in the lower European middle market.”

Fund IV has attracted support from a diverse global group of limited partners, including asset managers, public and corporate pension funds, family offices, foundations, sovereign wealth funds, and advisors across North America, Europe, the Middle East, and Asia.

About H.I.G. Capital

Founded in 1993, H.I.G. Capital has become a preeminent alternative investment firm with $74 billion in capital under management. Headquartered in Miami, the firm operates offices in Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and Stamford in the United States, and has international subsidiaries in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, Dubai, and Hong Kong. H.I.G. focuses on providing both debt and equity capital for small to mid-sized companies through a flexible, operationally-focused approach emphasizing value enhancement.

H.I.G.’s equity funds invest in management buyouts, recapitalizations, and spin-offs of both profitable and underperforming manufacturing and service companies. Its credit funds focus on senior, unitranche, and subordinated debt financing for businesses of various sizes, engaging in both primary (direct lending) and secondary markets. H.I.G. also manages a publicly traded investment vehicle, WhiteHorse Finance, and focuses on value-add real estate investments benefiting from improved asset management techniques. Furthermore, H.I.G. Infrastructure centers on value creation and core-plus investments within the infrastructure sector.

Over its operational history, H.I.G. has invested in and managed over 400 companies globally. Presently, the firm’s portfolio includes more than 100 companies with a combined revenue surpassing $53 billion. For more information, visit H.I.G. Capital.