Hig Whitehorse, the subsidiary of HIG Capital (“HIG” or the ‘company’), a leading global alternative asset management company with an administrated capital of $ 70 billion, announced the final conclusion of the HIG Whitehorse Middle Market Fund (“Fund IV”). The Fund IV was completed with assets of $ 5.9 billion* and continues the company’s successful strategy to award primarily secured loans in the United States’ entire medium-sized market.
Hig Whitehorse has invested around $ 18 billion in direct loan business in the United States. The Whitehorse team has invested in more than 285 medium-sized companies, primarily by primarily secure, variable interest-bearing loans, often with tailor-made conditions and conservative loan rates. The Fund IV focuses on the allocation of primarily secured loans both sponsors and non-sponsors, whose EBITDA is generally between $ 30 and $ 100 million.
Sami Mnaymneh and Tony Tamer, high co-founder and co-board chairman, commented: “High is one of the largest and most active credit investors on the middle market on which HIG Whitehorse takes up an established management position. Non-sponsor and sponsor loan will continue to be awarded to us in this area. “
Stuart Aronson, managing director and managing director of HIG Whitehorse, commented: “We believe that the coming years will offer an excellent opportunity to act as a value-adding financing partner for both sponsor and non-sponsor medium-sized companies that are looking for private debt solutions. With 24 original markets, high white is well positioned for our Investors to find a strong and differentiated dealflow. “
“Fund IV has attracted a diverse group of limited partners who strive for a differentiated deal flow in connection with a rigorous” PE style “of the credit enthusiastic writer, which connects a securing with an attractive return,” said Jordan Peer Griffin, Managing Director and Global Head of Capital Education at HIG. To continue the outstanding risk -cleaning returns in a changing market environment. “
Fund IV was supported by a global group of limited partners, which includes public and private pension funds, state funds, foundations, consultants, financial institutions and family offices in North America, Europe, Asia and the Middle East.
Information on HIG Whitehorse
HIG Whitehorse offers debt financing for medium-sized non-sponsor and sponsor companies in a variety of industries, including company services, industry, consumer goods and retail, financial services, healthcare and telecommunications, media and technology. Hig Whitehorse has a wide range of investment mandate and primarily provides primarily secured loans for refinancing, growth capital, takeovers, buyouts and balance sheet recapitations. The HIG Whitehorse team, which consists of 85 credit specialists in the USA and Europe, has extensive experience and a proven success balance in the provision of creative financing structures and the use of long-term, relationship-oriented portfolio management philosophy. You can find more information at whitehorse.com.
Information about HIG Capital
HIG Capital is a worldwide-leading alternative investment company with an managed capital of $ 70 billion **. With the seat in Miami and offices in Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco and Stamford in the United States as well as international branches in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, Dubai and Hong Kong, high has been on the provision of external and capital Medium-sized companies specialize and pursue a flexible and operational added value approach:
· HIG’s equity funds invest in management Buy-Outs, recapitals and outsourcing of profitable and unprofitable production and service companies.
- HIG’s credit funds invest in priority, unit and subordinate credit financing for companies of all sizes, both on the primary basis (direct original) and on secondary sleeves. HIG also manages a listed investment company, Whitehorse Finance.
- HIG’s real estate funds invest in valuable properties that can benefit from improved asset management procedures.
- HIG infrastructure focuses on value-adding and core plus investments in the infrastructure sector.
Since its foundation in 1993, HIG has invested in more than 400 companies worldwide and managed them. The company’s current portfolio comprises more than 100 companies with total sales of over $ 53 billion. Further information can be found on the high website at hig.com.
*Taking into account the entire investable assets, including equity obligations in connected vehicles and the expected leverage.
** Based on the entire capital based on the entire capital and its subsidiaries.