H.I.G. Capital raises $580.56m

The Miami firm has raised capital for its co-investment vehicle.

Fund name: H.I.G. Private Equity Co-Investment Fund
Current size: $580.56 million
Target size: $500 million
Launch date: November 2019

H.I.G. Capital has raised $580.56 million for H.I.G. Private Equity Co-Investment Fund, exceeding its $500 million target. Capital raised by the vehicle will be used to target companies throughout North America across diversified sectors.

In 2019, the fund received a $100 million commitment from Tennessee Consolidated Retirement System.