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.
Prospect Capital funded a $55 million first lien senior secured floating rate term loan to support the acquisition of Enseo Holdings by an affiliate of H.I.G. Capital.
H.I.G. Capital, a global alternative investment firm with $44 billion of equity capital under management, provided an investment to Cleo Communications, a global provider of ecosystem integration software solutions. Terms were not disclosed.
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.
H.I.G. Capital completed a $225 million strategic minority investment in eHealth in the form of convertible preferred stock.
Funds managed by Ares Management’s credit group closed approximately $3.6 billion in commitments across 45 transactions during Q1/21.
H.I.G. Capital expanded its European WhiteHorse team with the addition of Laurent Vaille and Charles Bourgeois as principals. Both were previously executive directors in the private debt division of Tikehau Capital in Paris.
H.I.G. Bayside Capital, the distressed debt and special situation affiliate of H.I.G. Capital, closed H.I.G. Bayside Loan Opportunity Fund VI. The fund closed with aggregate capital commitments of $1.4 billion, exceeding its target.
Ares Commercial Finance provided a senior secured revolving line of credit to support the acquisition of Continental Battery Company by H.I.G. Capital.
Antares closed more than 55 healthcare industry transactions in 2020, bringing total commitments to healthcare borrowers to more than $4.5 billion.