H.I.G. Capital - History

History

H.I.G. was founded in 1993 by Sami Mnaymneh, formerly a managing director at The Blackstone Group and Anthony (Tony) Tamer, previously a partner at Bain & Company. In 1993, the first H.I.G. fund was originally launched with a focus on small to mid size investments and a strong emphasis on in-house operational expertise. Since its founding, H.I.G. had raised a significant number of funds, including most recently:

• H.I.G. Capital Partners IV (2006) - $750 million fund, focused on leveraged buyouts
• H.I.G. European Capital Partners (2007) - €600 EUR million fund, focused on European leveraged buyouts
• H.I.G. Bayside Debt and LBO fund II (2008) - $3 billion fund, focused on distressed securities
• H.I.G. Bayside Loan Opportunity Fund (2010) - $1.1 billion fund focused on secondary purchases of senior loans and new issue loan originations.
• H.I.G. Growth Equity Fund II, L.P. (2011) - $500 million fund, focused on strong, growth oriented small-capitalization businesses located in North America and Europe.
• H.I.G. BioVentures II (2012) - $268 million fund, focused on pharmaceuticals, medical devices, and diagnostics.
• WhiteHorse VI, Ltd (2013) - $415.5 million collateralized loan obligation (CLO) fund, focused on investing in the broadly-syndicated loan space.
• H.I.G. Capital Partners V (2013) - $1 billion fund, focused on private equity, buyout and equity-related investments in lower middle-market companies.

Today, the company claims to be "the largest and most active private equity firm in the lower-middle market." Its team includes more than 250 professionals worldwide. Since inception, H.I.G. has invested in more than 200 companies, with combined revenues in excess of $30 billion.