H.I.G. Capital

H.I.G. was founded in 1993 by Sami Mnaymneh, formerly a managing director at The Blackstone Group, and Tony Tamer, previously a partner at Bain & Company.[2]

Since its founding, H.I.G. has raised several funds:

• H.I.G. WhiteHorse Principal Lending Fund (2020) – $1.1bn fund focused on investing in senior secured financing solutions to primarily off-the-run, sponsor-owned companies in North America[3]
• H.I.G. Middle Market LBO Fund III (2019) – $3.1bn fund focused on making private equity investments in middle-market companies, primarily in North America[4]
• H.I.G. Bayside Loan Opportunity Fund V (Europe) (2019) – $1.5bn fund focused on investments in small-cap, special situation credit opportunities in Europe[5]
• H.I.G. Advantage Buyout Fund (2018) – $3bn fund focused on control equity investments in more stable, higher quality companies with EBITDA between $25 million and $100M[6]
• H.I.G. Growth Buyouts & Equity Fund III (2018) – $970M fund focused on making investments in growth buyouts and structured equity in high-growth, small-cap companies, primarily in North America[7]
• H.I.G. WhiteHorse Direct Lending Fund and H.I.G. WhiteHorse Loan Fund (2017) – $1.1bn fund focused on investing in tailored, senior-secured financing solutions to non-sponsor and sponsor-owned companies in the United States[8]
• H.I.G. Realty Partners III (2017) – $593M fund focused on value-add investments in small- to mid-cap properties in the U.S.[9]
• H.I.G. Bayside Loan Opportunity Fund IV (2016) – $1.1bn fund focused on investments in small-cap, special situation credit opportunities in the United States[10]
• H.I.G. Brazil & Latin America Partners (2016) – $740M fund focused on private equity, buyout, and growth-oriented investments in lower- to middle-market companies in Latin America, with a focus on Brazil[11]
• H.I.G. Middle Market Fund II (2014) – $1.75bn fund focused on leveraged buyouts of middle-market companies[12]
• H.I.G. Capital Partners V (2013) – $1bn fund focused on leveraged buyouts of small-capitalization companies[13]
• H.I.G. European Capital Partners II (2013) – €825M fund focused on European leveraged buyouts[14]
• WhiteHorse VI, Ltd (2013) – $415.5M collateralized loan obligation (CLO) fund focused on investing in broadly syndicated loans
• H.I.G. BioVentures II (2012) – $268M fund focused on pharmaceuticals, medical devices, and diagnostics[15]
• H.I.G. Growth Equity Fund II, L.P. (2011) – $500M fund focused on growth-oriented small-capitalization businesses[16]
• H.I.G. Bayside Europe Loan Opportunity Fund III (2010) – $1bn fund focused on secondary purchases of senior loans and new-issue loan originations in Europe[17]

H.I.G.’s equity funds invest in management buyouts, recapitalizations, and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.

H.I.G.’s debt funds invest in senior, unitranche, and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as on the secondary markets.[18] H.I.G. is also a CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.[19]

Other H.I.G. funds invest in various real assets, including real estate and shipping.[20]

Jenny Craig in the US was acquired by H.I.G. in 2019 for an undisclosed amount. In 2023, the company was placed into administration and declared bankruptcy.[21]

According to its website, H.I.G.'s team includes more than 350 professionals.[22] Since its inception, H.I.G. has invested in and managed more than 300 companies and has a current portfolio of more than 100 companies.[23][24]

The company is headquartered in Miami and has offices in New York City, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the United States, as well as affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, and São Paulo.[25]

• Official website