H.I.G. WhiteHorse Closes $5.9B Middle Market Lending Fund IV
H.I.G. WhiteHorse, the direct lending credit affiliate of H.I.G. Capital, announced the final close of H.I.G. WhiteHorse Middle Market Lending Fund IV with $5.9 billion in assets. The fund will focus on originating senior secured loans to both sponsor-backed and non-sponsor borrowers, typically targeting companies with EBITDA between $30 million and $100 million.
To date, H.I.G. WhiteHorse has deployed approximately $18 billion across U.S. direct lending transactions, investing in more than 285 middle market companies. Its loans are primarily senior secured floating rate structures, often featuring bespoke terms and conservative loan-to-value ratios.
“We believe the coming years will offer a compelling opportunity to serve as a value-added financing partner to both sponsor and non-sponsor middle market companies seeking private debt solutions,” said Stuart Aronson, executive managing director and CEO of H.I.G. WhiteHorse. “With 24 originators in 13 regional markets, H.I.G. WhiteHorse is well-positioned to source strong and differentiated deal flow for our investors.”
Fund IV attracted commitments from a global investor base, including public and private sector pensions, sovereign wealth funds, endowments, foundations, consultants, financial institutions, and family offices across North America, Europe, Asia, and the Middle East.