Key Takeaways
- • Sheridan Capital Partners has raised almost $1.35bn across two healthcare-focused private equity funds, according to AltAssets Private Equity News.
- • The flagship fund reached a $1.1bn hard cap, nearly doubling its size.
- • A separate healthcare technology strategy closed on $245m, marking a new dedicated vehicle for the firm.
- • The two funds together total roughly $1.345bn, consistent with the reported figure of almost $1.35bn.
Summary
Sheridan Capital Partners has raised almost $1.35bn across two healthcare-focused private equity funds, according to AltAssets Private Equity News. The firm's flagship vehicle reached a $1.1bn hard cap, nearly doubling its size relative to the prior fund.
Alongside the flagship close, Sheridan is launching a separate strategy dedicated to healthcare technology, which has raised $245m. The dedicated vehicle gives the firm a distinct allocation for healthcare IT investments, separate from its core healthcare buyout activity.
The source article is a paywalled excerpt, so further details on the fund terms, investor base, target strategy, and investment pace were not available in the reporting reviewed.
Alongside the flagship close, Sheridan is launching a separate strategy dedicated to healthcare technology, which has raised $245m. The dedicated vehicle gives the firm a distinct allocation for healthcare IT investments, separate from its core healthcare buyout activity.
The source article is a paywalled excerpt, so further details on the fund terms, investor base, target strategy, and investment pace were not available in the reporting reviewed.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.