Wednesday, 1 July 2015
Last updated 2 hours ago
Jun 13 2008 | 10:16am ET
It’s one and done for H.I.G. Capital's distressed debt affiliate, Bayside Capital, which has closed its H.I.G. Bayside II fund on $3 billion. The final closing was also its first.
Bayside II targets stressed and distressed mid-market and lower mid-market investment opportunities. The fund typically invests in companies with a total enterprise value of up to $400 million.
Sami Mnaymneh and Tony Tamer, co-founders and managing partners of H.I.G., said the current credit environment will provide the fund with very strong deal flow.
H.I.G. has offices in Miami, Boston, San Francisco and Atlanta, and affiliate offices in London, Paris and Hamburg, Germany. The firm manages about $7.5 billion in total assets.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…