H.I.G.’s BDC announces quarterly distribution

H.I.G. Capital’s business development company WhiteHorse Finance will pay shareholders $0.355 per share on April 3.

The announcement was made today upon the decision of the BDC’s board of directors. The BDC originates and invests in loans to privately held, lower middle market companies across a broad range of industries and the investments are handled by H.I.G. WhiteHorse Advisers, which is the alternative credit affiliate of $35 billion alternative asset manager H.I.G. Capital.

Previously, the firm announced that in fourth quarter of 2019 it completed investments . . .

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