H.I.G. Capital closes Brazil & Latin America fund above target
H.I.G. Capital, the Miami private-equity firm managing $19 billion of capital, closed H.I.G. Brazil & Latin America Partners at $740 million, 23 percent above its $600 million target. The fund will continue H.I.G.’s “strategy of focusing on private equity, buyout and growth-oriented investments in lower-middle-market companies in Latin America, with a focus on Brazil,” the firm said in a statement. Since 2012, H.I.G. has closed 14 transactions in the region, three of which are in the new fund, Fernando Marques Oliveira, managing director and head of H.I.G. Latin America, said.
6 April 2016•2 mins read
