Hughes & Company, a private equity firm focused on healthcare software and technology-enabled services companies, announced the closing of its second private equity fund, Hughes Growth Equity Fund II, L.P. (the “Fund” or “Fund II”), at its hard cap of $260 million, exceeding its original target of $200 million. The firm’s first fund, Hughes Growth Equity Fund I, L.P. closed in 2021 at $116 million and backed multiple growth-stage companies, including its most recent exit, Azara Healthcare, a population health management software provider, which was sold to Insight Partners in late 2024. Hughes & Company recently made its first investment from Fund II in a merger of Curvo and BroadJump.
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Source: https://www.prnewswire.com/news-releases/hughes–company-announces-successful-close-of-second-private-equity-fund-302570289.html