HIG Capital closes Middle Market LBO Fund IV with $5.5b

HIG Capital, a global alternative asset management firm managing $58 billion in capital, has successfully closed its HIG Middle Market LBO Fund IV. The fund has garnered a remarkable $5.5 billion in capital commitments, surpassing its original target by a significant margin.

Additionally, related co-investment separately managed accounts have attracted an extra $450 million in investments.

The primary focus of this fund will be to make controlling equity investments in US middle market companies facing complex situations with distinctive risk/reward dynamics and a unique value proposition.

Notably, HIG's long-standing investor base has played a pivotal role in supporting the fund's success, and it has also welcomed new investors from various regions, including the US, Europe, Asia, the Middle East, and Latin America.

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