H.I.G. Capital Announces Closing of Oversubscribed European Lower Middle Market Private Equity Fund
H.I.G. Capital (“H.I.G.” or the “Firm”), a leading global alternative asset management firm with $74 billion of capital under management, today announced the final closing of H.I.G. Europe Capital Partners IV (“Fund IV”) with aggregate capital commitments of €1.6 billion. Within six months of launch, Fund IV completed an oversubscribed first and final close, reflecting robust demand from both existing and new limited partners.
Fund IV will continue the successful strategy of its predecessor funds, targeting investments in undermanaged European lower middle market companies where H.I.G. can apply its operational value-creation playbook, with a focus on complex situations and difficult transaction dynamics. H.I.G. has a 19-year track record in the region and a team of more than 150 investment professionals across five core European offices in London, Milan, Hamburg, Paris, and Madrid. Since its first investment in Europe in 2007, H.I.G. has completed 92 private equity platform investments in the region across its lower middle market and middle market strategies.