Thurston Group Closes Oversubscribed Fund III at $211M Hard Cap

Thurston Group (“Thurston”), a leading private equity firm specializing in healthcare investments, announces the successful final close of Thurston Fund III (“Fund III” or the “Fund”). Fund III was oversubscribed and closed at its revised hard cap of $211 million in committed capital. The closing marks the firm’s largest fundraise to date, representing more than a 60% increase in Limited Partner commitments compared to Fund II, which closed in 2022. Fund III marks Thurston’s third successful fundraise since 2018 and reinforces the firm’s position as a preeminent investor in the lower middle-market healthcare sector.

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Source: https://www.prnewswire.com/news-releases/thurston-group-closes-oversubscribed-fund-iii-at-211-million-hard-cap-302506235.html

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