In a significant development within the investment landscape, H.I.G. Capital, a premier global alternative asset management firm, has successfully closed its H.I.G. Infrastructure Partners Fund with impressive capital commitments totaling approximately $1.3 billion. This milestone underscores the firm’s strategic focus on infrastructure equity investments, particularly within the underserved middle market segment.
Sami Mnaymneh and Tony Tamer, Co-Founders of H.I.G. Capital, expressed their gratitude, stating, “We greatly appreciate the strong support from our investors for our Infrastructure strategy. Their confidence in our investment approach to infrastructure underscores the power of the Firm’s platform and our ability to generate strong returns through value creation in the underserved middle market.”
The H.I.G. Infrastructure Partners Fund, which has already made seven investments across North America and Europe, is poised to capitalize on lucrative opportunities in the less efficient middle market. Andrew Liau and Ed Pallesen, Co-Heads of H.I.G. Infrastructure, emphasized the fund’s potential, noting, “The Fund is well-positioned to capitalize on opportunities in the less efficient middle market. H.I.G.’s unique platform provides us with a demonstrated, differentiated sourcing model and a deep pool of resources focused on operational value creation. We believe this allows us to generate strong returns, especially as the industry adjusts to higher interest rates and macro volatility.”
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Adding to the commentary, Jordan Peer Griffin, Executive Managing Director and Global Head of Capital Formation, highlighted the firm’s innovative approach: “H.I.G. has a differentiated investment strategy in Infrastructure by executing H.I.G.’s hands-on value creation playbook in the underserved and less efficient middle market. We are pleased with the strong backing by many of H.I.G.’s long-standing platform investors for the Fund, as well as by many new investors from around the world.”
The fund’s investor base is notably diverse, comprising sovereign wealth funds, public and private sector pensions, insurance companies, asset managers, consultants, foundations, endowments, and family offices spanning North America, Europe, Asia, and the Middle East.
About H.I.G. Capital
H.I.G. Capital is a leading global alternative investment firm with $64 billion of capital under management. Headquartered in Miami and with a strong presence in major cities across the United States and international offices, H.I.G. specializes in providing both debt and equity capital to mid-sized companies. The firm leverages a flexible and operationally focused approach to invest in various sectors, including equity, debt, real estate, and infrastructure.
Since its inception in 1993, H.I.G. has managed over 400 companies globally, currently holding a diverse portfolio that includes more than 100 companies with combined sales exceeding $53 billion. For more information, visit hig.com.
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