H.I.G. Realty Partners, an affiliate of H.I.G. Capital, a global private equity investment firm, has launched H.I.G. Europe Realty Partners II, according to a filing with the SEC. The firm did not comment on its fundraising efforts.
H.I.G. Realty Partners makes opportunistic investments in small to mid-sized real estate assets across all property types located in the United States and Europe, with a specific focus on special situations. The new fund is seeking to raise a maximum of $600 million, according to the SEC filing.
H.I.G. Realty Partners tends to acquire single properties ranging from $10 million to $100 million in size and portfolios of up to $150 million in transaction value. Property types include multifamily, hospitality, office, retail and industrial. The firm invests in sectors and markets with improving fundamentals and underperforming properti