LPNEWS
MIAMI, October 18, 2018-- H.I.G. Capital (“H.I.G.”), a leading global alternative asset management firm with $28 billion of equity capital under management, announced the closing of H.I.G. Growth Buyouts & Equity Fund III (the “Fund”). The Fund closed with aggregate capital commitments of $970 million,* exceeding its target. The Fund will continue H.I.G.’s successful strategy of making investments in growth buyouts, as well as structured equity, in high-growth, small-cap companies primarily in North America. Sami Mnaymneh and Tony Tamer, Co-CEOs of H.I.G., commented: “We are pleased with the successful fundraise for H.I.G.’s third growth equity fund. H.I.G.