H.I.G. Capital, a global alternative investment firm with $64 billion of capital under management, has announced the final close of H.I.G. Europe Realty Partners III. The fund closed with aggregate capital commitments of approximately $1.3 billion, including separately managed accounts that co-invest alongside the fund. This significantly surpassed the predecessor’s fund size.
Europe Realty Partners III was backed by a diverse and global group of limited partners, including public and private sector pensions, endowments, foundations, asset managers, consultants, fund-of-funds, financial institutions and family offices in North America, Europe, Asia and the Middle East.
H.I.G. Europe Realty Partners primarily targets value-add investments in the middle market real estate segment in Europe. To date, the fund has made more than 10 investments across Europe.
“The fund is well-positioned to capitalize on the current market opportunity set in the less efficient mi