McDermott Will & Emery represented H.I.G. Capital, a leading global alternative asset management firm, in the formation of its fourth U.S. Realty Partners fund, H.I.G. Realty Partners IV (the “Fund”), which closed with aggregate capital commitments of $838 million, exceeding its target.* The Fund will continue to pursue the successful investment strategy employed by its predecessor funds and target mid-cap assets with gross asset values typically less than $200 million, primarily in the major markets of the US.
The McDermott team was led by partner Ian Schwartz, head of the Firm’s Investment Funds Group, and included partner David Nestler and associates Lauren Nevidomsky, Louie Gaudio, Brittany Esser, Rafa Calatrava, Matthew Stern, and Lauren Dehasque. Partners Alex Ruiz and Kevin Hall and associate Emily Mussio advised on tax matters. Partner Todd Solomon advised on ERISA matters.
The Investment Funds Group at McDermott is a global leader in representing investment fund sponsors and institutional investors and provides sophisticated counsel to its clients across the full spectrum of investment fund issues and transactions. The Investment Funds Group is embedded in McDermott’s global private equity practice with attorneys who serve as lead counsel to institutional investors and investment funds through their full lifecycle.
Read H.I.G.’s press release here.
* Aggregate capital commitments include co-investment capital.
Learn more about our Private Equity practice by visiting www.mwe.com/pe.
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