HIG Capital holds final closing

HIG Capital has closed its latest fund, HIG Growth Equity Fund II LP, on $500m.

The fund will focus on North America and Europe and HIG is looking for investments in growth-oriented businesses at the small-cap end of the market.

The fund will make major investments in the sectors of business services, healthcare, interactive media and industrial technology.

Fund was launched in January 2023 and surpassed its EUR 25bn target, the GP said in a statement

Fund was oversubscribed and closed following a three-month fundraising process

France-based GP’s latest private equity fund expands its geographical focus to North America

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Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017

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Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO

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