H.I.G. Capital announced the closing of H.I.G. Capital Partners VII with $2 billion of capital commitments.
"We have been disciplined in maintaining our middle-market focus and are extremely proud of the consistent results we have delivered for our investors,” said Sami Mnaymneh and Tony Tamer, H.I.G. co-founders and co-executive chairmen. “Fund VII is well positioned to deliver the same strong performance as its predecessor funds, driven by our scale, operational capabilities and value-creation playbook."
Fund VII received strong support from a diverse group of limited partners, including sovereign wealth funds, public and corporate pensions, insurance and financial institutions, foundations, endowments, family offices and consultants in North America, Europe, the Middle East and Asia.
