H.I.G. WhiteHorse, a credit affiliate of global investment firm H.I.G. Capital, arranged a refinancing package for Grupo Hospitalario Recoletas (Recoletas). The package includes a significant growth capital component.
Pemberton, a European private credit manager backed by Legal & General Group, launched Pemberton Wealth & Asset Management Solutions. This new initiative is aimed at providing access to private debt opportunities in Europe to wealth and asset managers and their clients.
H.I.G. WhiteHorse closed its latest direct lending strategy, H.I.G. WhiteHorse Direct Lending Fund – 2020. The fund closed with aggregate capital commitments of approximately $1.65 billion.
Middle-market private companies in the Golub Capital Altman Index experienced EBITDA growth of 31% and revenue growth of 21% in April and May 2021 compared with their April and May 2019 earnings and revenue.
Golub Capital reached a company record in originations in Q2/21, signing up more than $9 billion in retained and syndicated commitments and completing more than 95 new and add-on transactions. Originations in the quarter were 30% higher than Q4/20.
Avante Capital Partners, a women-owned private credit and structured equity firm, completed a unitranche debt investment in Burton Plumbing Services to support a portfolio company refinancing by ShoreView Industries.
H.I.G. Capital, a global alternative investment firm with more than €36 billion ($50.76 billion) of equity capital under management, expanded its European WhiteHorse team with the addition of Sebastian Lorenz as principal and head of the DACH region.
Crescent Capital Group, an alternative credit investment firm, provided a unitranche facility to Nurture Landscapes, a UK-based B2B provider of grounds maintenance, landscaping and winter gritting services.
Funds managed by Ares Management’s credit group closed approximately $3.6 billion in commitments across 45 transactions during Q1/21.