H.I.G. Capital’s $3.1 Billion Fundraising

McDermott Will & Emery provided legal counsel to H.I.G. Capital in the formation of H.I.G. Middle Market LBO Fund III, L.P.

H.I.G. Middle Market LBO Fund III, L.P. closed with aggregate capital commitments of $3.1 billion, well exceeding its target.

The Fund will continue the strategy of H.I.G. Middle Market’s two predecessor funds, by making private equity investments in middle market companies, primarily in North America.

H.I.G. Capital is a leading global alternative asset management firm. The Company offers investment management, advisory, and other related services to customers worldwide.

The McDermott team was led by partner Ian Schwartz (Picture), head of the Firm’s Investment Funds Group, and includes partners Rami Turayhi and Erica Moscarello and associates David Nestler, Philip Feffer, Lauren Nevidomsky and Jennifer Lee. Partner Alex Ruiz and associates Kevin Hall and Emily Mussio advised on tax matters. Partner Todd Solomon advised on ERISA matters and partner Ted Laurenson advised on U.S. regulatory matters.

Involved fees earner: Kevin Hall – Holland & Knight; Philip Feffer – McDermott Will & Emery; Edwin Laurenson – McDermott Will & Emery; Jennifer Lee – McDermott Will & Emery; Erica Moscarello – McDermott Will & Emery; Emily Mussio – McDermott Will & Emery; David Nestler – McDermott Will & Emery; Lauren Nevidomsky – McDermott Will & Emery; Alejandro Ruiz – McDermott Will & Emery; Ian Schwartz – McDermott Will & Emery; Todd Solomon – McDermott Will & Emery; Rami Turayhi – McDermott Will & Emery;

Law Firms: Holland & Knight; McDermott Will & Emery;

Clients: H.I.G. Capital, LLC;