International law firm McDermott Will & Schulte represented H.I.G. WhiteHorse, the direct lending credit affiliate of H.I.G. Capital (H.I.G.), a leading global alternative asset management firm with $70 billion of capital under management, in the formation of H.I.G. WhiteHorse Middle Market Lending Fund IV (Fund IV). Fund IV closed with $5.9 billion* of assets and continues H.I.G.’s strategy of originating senior secured loans across the U.S. middle market.

The McDermott team was led by partner Ian Schwartz and included partner Erica Moscarello and associates Matthew Stern, Lauren Dehasque, Jonathan Chasin, Cheng-Hau Kee, and Brett Podell. Partner Kevin Hall and associate Anthony Teng advised on tax matters. Partner Todd Solomon advised on ERISA matters.

Read H.I.G.’s press release.

* Reflects total investable assets, including equity commitments in related vehicles and expected leverage.

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 investment funds and institutional investors through their full lifecycle.

Leading organizations turn to global law firm McDermott Will & Schulte for a better way to address legal challenges, connect with those at the forefront, and drive stronger outcomes. Working across more than 20 offices globally, our 1,750+ lawyers act on data-driven insights, deep relationships, and unmatched industry experience to deliver on our commitment of Always Better.