H.I.G. Europe Middle Market LBO Fund’s €2 Billion Fundraising

McDermott Will & Emery provided legal counsel to H.I.G. Capital on the deal.

H.I.G. Capital, a leading global alternative asset management firm, announced the formation of H.I.G. Europe Middle Market LBO Fund (the Fund), which closed with aggregate capital commitments of €2 billion. The Fund will leverage H.I.G.’s existing European infrastructure to target middle market companies with values up to €1 billion, primarily in Western Europe.

H.I.G. is a leading global private equity and alternative assets investment firm with $45 billion of equity capital under management.

The McDermott team was led by partner Ian Schwartz (Picture), head of the Firm’s Investment Funds Group, and included partner David Nestler and associates Lauren Nevidomsky, Louie Gaudio, and Matthew Stern. Partners Alex Ruiz and Kevin Hall and associate Emily Mussio advised on tax matters. Partner Todd Solomon advised on ERISA matters.

Involved fees earner: Louie Gaudio – McDermott Will & Emery; Kevin Hall – 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; Matthew Stern – McDermott Will & Emery;

Law Firms: McDermott Will & Emery;

Clients: HIG Capital;

Author: Martina Bellini