WhiteHorse Capital Provides a Senior Secured Credit Facility to JZ Capital Partners Limited
CHICAGO – February 10, 2022 – WhiteHorse Capital, the direct lending affiliate of H.I.G. Capital, a leading global alternative assets investment firm with over $47 billion of equity capital under management, provided a $70.0 million senior secured credit facility for JZ Capital Partners Limited (“JZCP”) to support the refinancing of indebtedness and provide additional capital for add-on investments.
“The WhiteHorse Capital team was a great financial partner throughout the transaction. We were impressed by their flexible and relationship-focused approach and ability to tailor the transaction structure to meet our needs,” said Matt DeLong, Managing Director at JZ Capital Partners.
John Yeager, Managing Director at WhiteHorse Capital, added, “We are excited to partner with JZCP and support the continued growth of their platform.”
About JZ Capital Partners
JZ Capital Partners is one of the oldest closed-end investment companies listed on the London Stock exchange. It seeks to provide shareholders with a return by investing selectively in US and European microcap companies and US real estate. JZCP receives investment advice from Jordan/Zalaznick Advisers, Inc. which is led by David Zalaznick and Jay Jordan. They have worked together for more than 35 years and are supported by teams of investment professionals in New York, Chicago, London and Madrid. JZAI’s experts work with the existing management of microcap companies to help build better businesses, create value and deliver strong returns for investors.
About WhiteHorse Capital
WhiteHorse is the direct lending affiliate of H.I.G. Capital, a leading global alternative investment firm with over $47 billion of equity capital under management.* WhiteHorse provides debt financing to middle market companies across a wide range of industries, including Telecom, Media and Technology, Healthcare, Business Services and Financial Services. WhiteHorse has a broad investment mandate and provides senior and subordinated debt for refinancings, growth capital, acquisitions, buyouts, and balance sheet recapitalizations. WhiteHorse professionals, across the U.S. and Europe, have extensive experience and a proven track record of providing creative financing structures and employing a long term relationship oriented portfolio management philosophy.
* Based on total capital commitments managed by H.I.G. Capital and affiliates.