H.I.G. WhiteHorse raises $1.1bn

The Miami-based lower mid-market lender closed its latest direct lending fund.

  • Fund name: WhiteHorse Principal Lending Fund I
  • Amount raised: $1.1 billion
  • Stage of fundraising: Final close
  • Final close date: December 2019
  • Time on the road: 1 year

H.I.G. WhiteHorse has closed H.I.G. WhiteHorse Principal Lending Fund I at $1.1 billion, above its $1 billion target. The fund will invest in non-sponsored companies in the US.