Water Street Closes $1.9 Billion Fund
Chicago – Water Street Healthcare Partners announced today the first and final closing of its sixth private equity fund, Water Street Healthcare Partners VI, L.P. (“Fund VI”), with $1.9 billion in total capital commitments.
The fund was oversubscribed and closed at its hard cap. With this newly raised capital, the health care investment firm is actively looking for opportunities to invest in mid-market businesses specializing in medical products and diagnostics, pharmaceutical and life sciences, and health care services.
“Our team is deeply grateful to our investors for their strong support of our strategy focused on building market-leading businesses in key health care sectors. We will continue to invest our team’s health care knowledge, experience, and network, along with our capital, to achieve our goal of building premier companies that are positively impacting the health care system and delivering exceptional results to employees, customers, and our investors,” said Tim Dugan, managing partner, Water Street.
ABOUT WATER STREET
Water Street Healthcare Partners is a strategic investor dedicated to building market-leading businesses in three critical health care sectors: medical products and diagnostics, pharmaceutical and life sciences, and health care services. The firm has completed more than 180 investments and acquisitions to build 48+ companies contributing to improved patient care, innovation, and a more efficient health care system. Working closely with leadership teams, Water Street contributes its industry experience and network of resources to support businesses’ growth objectives. Based in Chicago, Water Street’s team is a distinctive blend of health care executives, investment professionals, and functional specialists with decades of experience investing in and operating global health care businesses. For more information, visit waterstreet.com.