Despite adverse conditions for emerging managers seeking new capital, healthcare fund managers have been recent outliers thanks to their fundraising abilities. Healthcare private equity funds have been exceeding their capital-formation goals, raising about 114% of initial target sizes dating back to early 2023, according to PitchBook data. By comparison, funds focused on all industrial sectors that are targeting up to $5 billion hit 94% of target. “Fundraising activity within healthcare has been outpacing other PE funds as the strategy attracts LPs due to its reputation for acyclicality,” said Rebecca Springer, PitchBook’s lead healthcare analyst.
Read the full article: Healthcare Fundraising Activity Outpaces Other Sectors //
Source: https://pitchbook.com/news/articles/healthcare-private-equity-fundraising-activity-concord