BPOC, a pure-play healthcare investor, has announced the closing of its first continuation vehicle, a $425 million transaction co-led by investment funds affiliated with Apollo S3, Blackstone Strategic Partners and Five Arrows. The continuation fund consists of five healthcare services companies previously held by Beecken Petty O’Keefe & Company Fund IV, L.P. and Beecken Petty O’Keefe & Company Fund IV-A, L.P. (together “BPOC Fund IV”), 2013 vintage funds with $503 million in combined total capital commitments. The continuation fund will provide more time and, in certain cases, additional capital to assist each portfolio company in further accelerating its full growth potential.
Read the full article: BPOC Establishes a $425M Continuation Fund Co-Led by Apollo S3, Blackstone Strategic Partners and Five Arrows //
Source: https://www.prnewswire.com/news-releases/bpoc-establishes-a-425-million-continuation-fund-co-led-by-apollo-s3-blackstone-strategic-partners-and-five-arrows-301797584.html