Products
Integrations
Services
Company
FUNDRAISING NEWS | December 05, 2024
Tags: Private Credit, Fundraising
H.I.G. Capital’s special situations credit affiliate H.I.G. Bayside Capital reported capturing $1B in total commitments on the final closing of its seventh-generation special situations credit fund.
H.I.G. Bayside Loan Opportunity Fund VII is the latest installment in a fund series that seeks to invest in European middle-market companies with senior secured credit, targeting equity-like returns. Fund VII will build on its predecessor Fund VI, which closed with $1.4B in March 2021, and Fund V, which closed with $1.5B in June 2019.
Bayside Capital said the fund received backing from a global institutional investor base across North America, Europe, Asia, and the Middle East. Parent H.I.G. Capital oversees $66B in total capital under management.
Source:
https://hig.com/news/h-i-g-capital-closes-1-billion-bayside-loan-opportunity-fund-vii/
Written By: Dakota
October 18, 2024
October 02, 2024
925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481
© Dakota 2024 | Terms of Use | Privacy Policy | California Privacy Policy