The healthcare industry looks poised for another busy year of dealmaking, amid an increase in both fundraising levels and the number of PE funds putting capital to work in the industry. By late December, 105 funds investing in healthcare held a final close for a combined value of approximately $103 billion, PEI Research data show. Buoyed by an increase in mega funds, the average fund size in 2019 was approximately $981 million, as of Dec. 19, or more than triple the $242 million average fund size in 2018, according to PEI Research. Advent International led the pack as the largest fund investing in healthcare to hold a close in 2019, according to PEI Research.
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