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H.I.G. Capital invests in a tourist apartment complex

H.I.G. Capital, LLC ("H.I.G."), leading company in the sector for risk capital and alternative investments with 20,000 million euros of capital for the purpose, announced that an investment in the apartment complex Valle Romano in Estepona, Málaga, has been finalised. Financial details have not yet been revealed.

The Valle Romano complex is located in the Valle Romano Golf with 430 apartments with facilities which include swimming pools, a gymnasium, restaurants and pédal courts among others. The whole area covers approximately 46,000 m2

H.I.G. were assisted in this project by the law firm Pérez-Llorca.

Riccardo Dallolio, Managing Director de H.I.G. in London, commented: “This is our seventh investment in Spain in the past three years. Spain is a key area in our European strategy and we will continue to look for investment opportunities for small and medium capital investments bringing added value, so as to increase H.I.G.’s presence in this market”.