H.I.G. Capital is a Miami, Florida-based alternative assets investment and private equity firm with at least $43 billion of equity capital under its management. The firm operates a private equity family, growth equity, credit/special situations, primary lending, syndicated credit, and real estate funds. The company provides both debt and equity capital to small and mid-sized companies.
H.I.G. was established in 1993 by Sami Mnaymneh, a former managing director at The Blackstone Group and Tony Tamer, previously a partner at Bain & Company. The company has its headquarters in Miami and has offices in cities like New York City, Chicago, Dallas, San Francisco, Los Angeles, and Atlanta, and it has an international presence and affiliate offices in Hamburg, London, Rio de Janeiro, Paris, Milan, and São Paulo.
H.I.G. through its WhiteHorse family of vehicles, is also a CLO manager and manages a publicly traded BDC, WhiteHorse Finance. Other sectors where H.I.G. funds invested in are real estate and shipping. According to the company’s website, the H.I.G.’s team comprises more than 350 professionals. Since its inception, the company has invested in and managed more than 300 companies and currently has more than 100 companies in its portfolio.
Since its establishment, H.I.G. has successfully raised funds such as H.I.G. WhiteHorse Principal Lending Fund in 2020. This $1.1 billion fund is focused on investing in senior secured financing solutions to off-the-run, sponsor-owned companies in North America. They’ve also raised H.I.G. Middle Market L.B.O. Fund III in 2019, a $3.1 billion fund focused on making private equity investments in middle-market companies, primarily in North America, and H.I.G. Bayside Loan Opportunity Fund V (Europe), with $1.5 billion funds focusing on investments in small-cap, special situation credit opportunities in Europe.
H.I.G. is also a beneficiary of the 2018 Advantage Buyout Fund, a $3 billion fund focused on control equity investments in more stable, higher-quality companies with EBITDA between $25 and $100 million.
They’ve also benefited from the H.I.G. Growth Buyouts & Equity Fund III (2018), where $970 million funds are focused on making investments in growth buyouts, as well as structured equity, in high-growth, small-cap companies primarily in North America. H.I.G. also benefited from the 2017 H.I.G. WhiteHorse Direct Lending Fund. H.I.G. WhiteHorse Loan Fund is a $1.1 billion fund focused on investing in tailored senior secured financing solutions to non-sponsor and sponsor owned companies in the US.
Its equity funds invest in recapitalization, management buyouts, and corporate carve-out for both profitable and underperforming manufacturing and service businesses.
In the venture capitalist industry, H.I.G. stands tall and apart from other companies in direct competition. As part of its Corporate Social Responsibility, H.I.G. continues to contribute its quota to charity and the underserved communities.
As a 21st century, tech-oriented company, H.I.H. Capital is on social media via Twitter.