McDermott Represents H.I.G. Capital in the Close of $1.3 Billion H.I.G. Europe Realty Partners III

International law firm McDermott Will & Emery represented H.I.G. Capital (H.I.G.), a leading global alternative asset management firm with $64 billion of capital under management, in the formation of H.I.G. Europe Realty Partners III (the Fund). The Fund closed with aggregate capital commitments of approximately $1.3 billion,[1] significantly above the predecessor’s fund size. The Fund primarily targets value-add investments in the middle market real estate segment in Europe.

The McDermott team was led by partner Ian Schwartz, head of the Firm’s Investment Funds Group, and included partners David Nestler and Lauren Nevidomsky and associates Alissa Cardillo and Matthew Stern. Partners Alex Ruiz and Kevin Hall advised on tax matters, and partner Todd Solomon advised on ERISA matters.

McDermott’s Investment Funds Group is a global leader representing investment fund sponsors and institutional investors providing 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 lawyers who serve as lead counsel to investment funds and institutional investors through their full lifecycle.

Read H.I.G.’s press release here.

[1] Including separately managed accounts that co-invest alongside the Fund.

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