In April, Linden Capital Partners, a healthcare investment firm based in Chicago, secured $5.4 billion in the sixth iteration of its buyout fund, managing to raise an oversubscribed fund despite a PE fundraising lull. Linden represents a paradox in the fundraising market. Like the rest of the PE industry, healthcare specialist funds saw declines in 2024, according to PitchBook’s H2 2024 Healthcare Funds Report. But successful managers in this category actually raised more money than they expected. Last year, healthcare specialist funds exceeded their targets by a weighted average of 111.6%. Meanwhile, middle-market and large-cap PE funds closed just below their target at 97.7% and 98.3%, respectively.
Read the full article: Healthcare Specialist Funds Rake in Oversubscriptions Despite Fundraising Lull //
Source: https://pitchbook.com/news/articles/healthcare-pe-funds-oversubscribed