H.I.G. Capital Closes Loan Opportunity Fund VII at $1B

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/ 

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