HIG Capital Gets $1.75B For Latest Middle-Market Fund

Law360, New York (February 10, 2014, 2:49 PM EST) -- H.I.G. Capital LLC has closed on a middle-market private equity, buyout and equity investment fund called H.I.G. Middle Market LBO Fund II at its $1.75 billion cap, the Miami-based private equity firm announced Monday.

H.I.G. Capital said in a statement that the newly launched fund will focus on private equity, buyout and equity-related investments in middle-market companies primarily in the U.S.

In a joint statement, Sami Mnaymneh and Tony Tamer, H.I.G. Capital co-founders and managing partners, credited the strong relationships they’ve built with existing investors to...
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