HIG WhiteHorse, the credit affiliate of HIG Capital (HIG), has closed its latest direct lending strategy, HIG WhiteHorse Direct Lending Fund – 2020.

The fund closed with aggregate capital commitments of approximately USD1.65 billion, well exceeding its target. The Fund will continue HIG’s successful investment strategy of originating tailored senior secured financing solutions to primarily non-sponsor owned companies in the US.

Sami Mnaymneh and Tony Tamer, Co-CEOs of HIG, says: “We are delighted with the success of HIG WhiteHorse. The strong response from our investors reflects their confidence in the capability of our team and our differentiated strategy

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Source: Private Equity Wire