HIG WhiteHorse, an affiliate of global private equity firm HIG Capital, has closed WhiteHorse VI, a USD415.5m collateralised loan obligation (CLO) fund.

RBS Securities served as placement agent for a portion of the securities in the transaction.

The closing of the CLO allows WhiteHorse to continue to invest in the broadly-syndicated loan space.

As has been WhiteHorse’s strategy in the past, the firm will participate in loans to a wide variety of borrowers across a broad spectrum of industries.