Welsh, Carson, Anderson & Stowe (“WCAS” or the “Firm”), a leading private equity firm focused exclusively on the healthcare and technology industries, announced that it has completed fundraising for WCAS XIV, L.P. (“WCAS XIV” or the “Fund”). The Fund closed at over $5 billion of total capital, above both its target and the Firm’s prior fund, WCAS XIII, L.P., which closed at $4 billion. Since WCAS’s founding in 1979, the Firm has raised over $31 billion of committed capital and has invested in over 95 healthcare and 110 technology companies. As with prior funds, WCAS XIV will seek to partner with proven management teams to acquire growing companies and drive value through operational improvements as well as organic and strategic M&A growth initiatives.
Read the full article: Welsh, Carson, Anderson & Stowe Raises over $5B in Its Largest Private Equity Fund to Date //
Source: https://www.prnewswire.com/news-releases/welsh-carson-anderson–stowe-raises-over-5-billion-in-its-largest-private-equity-fund-to-date-301875172.html