Linden Hits Hard Cap on Fund IV

Linden Capital Partners has closed its fourth private equity fund, Linden Capital Partners IV LP, at the hard cap of $1.5 billion. Fund IV was oversubscribed and exceeded its target of $1.25 billion.

Linden Capital Partners is focused exclusively on leveraged buyouts in the healthcare and life science industries with a specific interest in medical products, specialty distribution, pharmaceutical, and services segments of healthcare. Linden’s strategy is based on three elements: healthcare and life science industry specialization; integrated financial and operating expertise; and strategic relationships with large corporations. The firm is based in Chicago (www.lindenllc.com).

“We truly appreciate the support from our investors, which include endowments, global financial institutions, and pension funds,” said Tony Davis, Linden’s President and Managing Partner. “Linden will continue to execute its consistent strategy in Fund IV. This strategy consists of implementing its proprietary value creation programs, emphasizing human capital, and leveraging the integrated expertise of its operating partners and investment professionals to build market-leading healthcare companies.”

Linden closed its first fund of $200 million in 2005, its second fund of $375 million in 2010, and its third fund of $750 million in 2015. During the investment phase of its third fund, Linden expanded its resources with the addition of four new investment professionals, five new operating partners, and an additional member to the firm’s finance team.

Park Hill Group (www.parkhillgroup.com) was the placement agent for this fundraise.

© 2018 Private Equity Professional | May 9, 2018

Print Friendly, PDF & Email

Related Articles

KPS Names New Partners KPS Capital Partners has promoted Raquel Palmer to Co-Managing Partner, and Ryan Baker and Kyle Mumford have been promoted to Partner. KPS Capital ...
Crossplane Launched in Dallas Crossplane Capital, a new lower-middle market private equity firm, has been launched in Dallas. The new firm was founded by partners Brian Hegi and Be...
Roark Closes New Funds Roark Capital Group has completed fundraising for its two newest funds, Roark Capital Partners V LP and Roark Capital Partners II Sidecar LP, with a t...
Peloton Formed by Ex-OTPP Pros Two former managers of Ontario Teachers’ Pension Plan have launched Peloton Capital Management to invest in mid-market buyouts in Canada and the US. ...
Svoboda Adds to Team Svoboda Capital Partners has added Justin Demes to its investment team as a Principal. He will be responsible for sourcing and evaluating potential in...
Dyal Invests in American Securities Dyal Capital Partners, a division of Neuberger Berman, has made a minority non-voting investment in American Securities. Dyal’s investment in American...