H.I.G. raises $1.1bn for new loan fund

The credit affiliate of H.I.G. Capital, H.I.G. WhiteHorse, just closed its Principal Lending Fund with aggregate capital commitments of approximately $1.1 billion. The new fund attracted long-standing H.I.G. investors in addition to new limited partners. The investor base includes sovereign wealth funds, public and private pensions, endowments, foundations, consultants and family offices and across the …