RoundTable Closes Fund Five

RoundTable Healthcare Partners has closed its fifth fund, RoundTable Healthcare Partners V LP, with $700 million in capital commitments. RoundTable is an operating-oriented private equity firm focused exclusively on the healthcare industry.

The firm’s new fund will be overseen by a management committee consisting of managing partners Thomas Kapfer, Pierre Fréchette, and R. Craig Collister, all three of whom served on the management committee for the firm’s fourth fund. Messrs. Kapfer and Fréchette will continue to lead the firm’s operating resources and chair the firm’s portfolio companies. Mr. Collister will head the firm’s transaction activities. Together, the three will function as managing partners.

“We are committed to our strategy of investing in healthcare companies that can benefit from our strong operating and transaction expertise,” said Mr. Kapfer. “This strategy produces strong deal flow, investment returns, and investor loyalty. The vast majority of Fund V investors have been with us since the firm’s inception in 2001. We thank them for their ongoing support and commitment.”

RoundTable, headquartered north of Chicago in Lake Forest, IL, closed its first equity fund of $400 million in March 2002, its second equity fund of $500 million in March 2005, its third equity fund of $600 million in July 2010, and its fourth equity fund of $650 million in August 2015. Including three subordinated debt funds totaling $600 million, RoundTable has now raised more than $3.4 billion in capital since its formation in 2001 (

RoundTable did not use a placement agent on this fundraise and Davis Polk & Wardwell provided legal services.

© 2019 Private Equity Professional | July 10, 2019

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