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H.I.G. Capital wraps up 3rd buyout and equity fund at $970M

H.I.G. Capital LLC closed its third growth buyouts and equity fund at $970 million.

The capital raised for H.I.G. Growth Buyouts & Equity Fund III included commitments from the fund's general partner and related parties.

The fund will inject capital primarily into North American companies in the technology-enabled business services, software, digital advertising technology, e-commerce or consumer, online or internet services, healthcare and industrial technology sectors.