HIG WhiteHorse closes two funds on $1.1 billion

The affiliate has already invested in 12 transactions from the strategy.

WhiteHorse has raised a total of $1.1 billion for a two senior debt vehicles, the asset manager said on Wednesday.

The credit platform of the Miami-based H.I.G. Capital closed H.I.G. WhiteHorse Direct Lending Fund and H.I.G. WhiteHorse Loan Fund,  which provide senior secured financing to companies with and without private equity sponsors, according to a statement.

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