Eir Partners Capital has held a final oversubscribed closing of Eir Partners Investment Program II LP with $496 million in capital commitments.
Limited partners in Fund II, which was raised in just four months, includes financial institutions, insurance companies, family offices, funds-of-funds, endowments and foundations, and industry executives.
“We are thrilled to receive support from a distinguished group of investors to continue our strategy of partnering with exceptional businesses and teams,” said Brett Carlson, the founder and chief executive officer of Eir Partners. “Their commitment will help grow and establish Eir as a leading health-tech investment firm in the market.”
Eir Partners invests from $25 million to $100 million in middle market healthcare technology and tech-enabled services companies. The firm’s transaction types range from growth equity through control buyouts. The firm’s first fund, Eir Partners Investment Program I LP, closed in 2021 with $255 million in capital.
The Miami-headquartered firm was founded in 2015 and takes its name from Eir, the Norse goddess of healing. Eir is also considered one of the Valkyries, the warrior maidens who select slain warriors and take them to Valhalla.
Lazard Frères & Co. was engaged as the placement agent on this fundraise and Kirkland & Ellis provided legal services.
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