H.I.G. Infrastructure Partners fund closes at $1.3b

H.I.G. Capital, a global alternative asset management firm, has closed its H.I.G. Infrastructure Partners fund with aggregate capital commitments of approximately $1.3 billion.

The fund was backed by a diverse and global group of limited partners that include sovereign wealth funds, public and private sector pensions, insurance companies, asset managers, consultants, foundations, endowments and family offices in North America, Europe, Asia and the Middle East.

H.I.G. Infrastructure Partners seeks to make control-oriented infrastructure equity investments focused on the middle-market segment. The fund has made seven investments to date across North America and Europe, two of which are expected to close in third quarter 2024.

“H.I.G. has a differentiated investment strategy in infrastructure by executing H.I.G.’s hands-on value creation playbook in the underserved and less efficient middle market,” said Jordan Peer Griffin, executive managing director and gl