The global alternative investment firm H.I.G. WhiteHorse, the credit affiliate of H.I.G. Capital, closed its latest fund, H.I.G. WhiteHorse Direct Lending Fund - 2020, with about $1.65 billion in total assets, exceeding its fundraising target.

H.I.G. WhiteHorse's latest fund will originate senior secured loans primarily for non-private equity-backed U.S. compa