HIG Capital has launched in London the European operations of its US credit business, HIG WhiteHorse, and appointed Haseeb Aziz as managing director in the new unit.
GP takes a minority stake in the IT service, while the management team remain on board
Existing investors E.Ventures and Heartcore also participate in the funding round
Transaction involves four remaining assets, including Genesys, eDreams and Asia Broadcast Satellite
Existing investors Velocity Capital, Industrifonden and Frumtak also participate