H.I.G. WhiteHorse raises $1.65bn for direct lending

H.I.G. WhiteHorse, the credit affiliate of H.I.G. Capital, has closed the direct lending fund it launched last year at $1.65 billion, well over the firm’s asset target.

H.I.G. WhiteHorse Direct Lending Fund – 2020 will originate tailored senior secured financing solutions to primarily non-sponsor owned companies in the U.S.

“The next several years will present a compelling opportunity to partner with non-sponsor owned companies in need of private debt solutions,” said Stuart Aronson, head of U.S. direct lending. “H.I.G.’s synergistic platform . . .

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