H.I.G. Capital has closed its latest private equity fund at its $1.75 billion hard cap. The vehicle will focus on middle-market companies, primarily in the United States. The firm has kept a busy fundraising schedule recently, closing its second European fund above target last July and its fifth flagship fund at its $1 billion hard cap last March. H.I.G.'s fourth flagship fund has recorded a 38.50% IRR as of September 30, 2013.