trending Market Intelligence /marketintelligence/en/news-insights/trending/cd6aqpoi9pk_ecjz3gh8zw2 content esgSubNav
In This List

Funds affiliated with HIG Capital to lower ownership in WhiteHorse Finance

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch


Funds affiliated with HIG Capital to lower ownership in WhiteHorse Finance

Funds affiliated with HIG Capital LLC on Aug. 29 agreed to sell in a block trade an aggregate of 972,622 common shares of WhiteHorse Finance Inc. at a price of $13.88 per share to a large institutional investor, according to a statement issued by WhiteHorse Finance.

WhiteHorse Finance expects the funds, which collectively have held a majority position in WhiteHorse Finance since its IPO in 2012, to slowly lower their ownership positions in the company. Following the block trade, those positions comprise 52.5% of all shares outstanding in WhiteHorse Finance.

Sami Mnaymneh and Anthony Tamer of HIG Capital may each be deemed to be beneficial owners of common stock in WhiteHorse Finance.