H.I.G. Capital konidigt vierde investering in Italiaans vastgoed aan
LONDON–(BUSINESS WIRE)– H.I.G. Capital heeft vandaag een investering via een Italiaanse securitisatie bekendgemaakt in een portfolio niet-presterende leningen gesteund door een mix van vastgoed, voornamelijk in de Noord-Italiaanse regio’s Emilia-Romagna, Lombardije en Toscane. De voorwaarden zijn niet bekendgemaakt.
De transactie is de 23e vastgoedinvestering van H.I.G. Capital in Europa sinds de lancering in 2013. H.I.G. breidt hiermee zijn omvangrijke portfolio in de vastgoedmarkt in Europa uit, dat bestaat uit equity-, diepte-investeringen en NPL-portfolio’s, met een nadruk op investeringen in kleine en midcapmogelijkheden.
Riccardo Dallolio, Managing Director van H.I.G. in Londen: “Dit is de derde NPL-investering van H.I.G. in Italië in de afgelopen 24 maanden. Dit onderstreept onze voortdurende focus op de Italiaanse vastgoedmarkt.”
H.I.G. Capital Announces Fourth Real Estate Investment in Italy
LONDON–(BUSINESS WIRE)– H.I.G. Capital announced today its investment through an Italian securitization in a portfolio of non-performing loans backed by a mixture of residential and commercial real estate, predominantly in the regions of Emilia-Romagna, Lombardy and Tuscany in Northern Italy. Terms were not disclosed.
The transaction represents H.I.G. Capital’s 23 rd real estate investment in Europe since the start of 2013. H.I.G. continues to add to its sizeable portfolio of Real Estate assets in Europe, consisting of equity, debt investments and NPL portfolios with a particular focus on its target market of value-added small/midcap opportunities.
Riccardo Dallolio, Managing Director at H.I.G. in London commented: “This marks the third NPL investment completed by H.I.G. in Italy in the last twenty four months. This underscores our continued focus on the Italian real estate market where we have invested both in NPLs and direct assets”.
About H.I.G. Capital
H.I.G. is a leading global private equity and alternative assets investment firm with €17 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris and Rio de Janeiro, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach:
1. H.I.G.’s equity funds invest in management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
2. H.I.G.’s debt funds invest in senior, unitranche and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.
3. Other H.I.G. funds invest in various real assets, including real estate and shipping.
Since its founding in 1993, H.I.G. has invested in and managed more than 200 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of €22 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.
* Based on total capital commitments to funds managed by H.I.G. Capital and its affiliates.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151123005900/en/
Contacts
H.I.G. Capital
Riccardo Dallolio, +44 (0) 207 318 5700
Managing Director
rdallolio@higcapital.com
F +44 (0) 207 318 5749
www.higcapital.com