NY-H.I.G.-CAPITAL
H.I.G. Realty Provides a £76 million Mezzanine Financing Backed by a Central London 5 Star Hotel Portfolio
H.I.G. Capital, LLC ("H.I.G."), a leading global alternative investment firm with $48 billion of equity capital under management, announced today that an affiliate has provided mezzanine financing to Shiva Hotels, backed by a portfolio of prime hotel assets in London, including The Guardsman, Buckingham Gate and Middle Eight Covent Garden.
Riccardo Dallolio, Managing Director and Head of H.I.G. Europe Realty in London, commented: “We believe that London’s 5 star sector will emerge as a winner coming out of the pandemic and that our flexible investing approach across the capital structure has allowed H.I.G. to become a partner of choice for property companies and developers”.
Chris Zlatarev, Principal at H.I.G. Europe Realty, added: “We are delighted to partner with Shiva Hotels and have structured tailor-made financing to support the company’s growth. H.I.G. worked with Shiva Hotels and the senior lenders on a financing solution adapted to current market conditions, allowing the company to focus on implementing its business plan”.
About H.I.G. Capital
H.I.G. is a leading global alternative assets investment firm with $48 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Rio de Janeiro, São Paulo and Bogotá, 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:
- 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.
- 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.
- H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
- H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.
Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide. The firm's current portfolio includes more than 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at www.higcapital.com .
* Based on total capital commitments managed by H.I.G. Capital and affiliates.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220323005072/en/
Link:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
CA-LINKSYS24.5.2022 17:02:58 CEST | Press release
Linksys Brings Best in Class WiFi Performance to the Home with New Series of Affordable WiFi 6 Mesh Solutions
FERRING-PHARMACEUTICALS24.5.2022 17:02:08 CEST | Press release
Ferring Presents New Analyses of Efficacy, Safety and Microbiome Composition Data at DDW 2022 for RBX2660 its Investigational Microbiota-Based Live Biotherapeutic
NV-RIMINI-STREET,-INC.24.5.2022 15:02:06 CEST | Press release
Rimini Street Delivers Its Support Services for SAP to Lwart, Enables Regulatory Compliance and New Payment and Electronic Invoicing
SFA-ENVIRO24.5.2022 15:02:06 CEST | Press release
The SFA Group Launches Environmental Division: SFA enviro
REPLY24.5.2022 14:47:08 CEST | Press release
REPLY Extends Its Presence in Banks and Insurance in Germany With the Acquisition of FINCON
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom