HealthEdge Launches Fund III
HealthEdge Launches Fund III
TAMPA, FLORIDA – June 29, 2016 – HealthEdge Investment Partners, LLC (“HealthEdge”), a Florida-based private equity firm focused exclusively on investing in lower middle market healthcare businesses, is pleased to announce the first closing of HealthEdge Investment Fund III, L.P. (“Fund III”). With commitments totaling over $100 million, HealthEdge received an over 95% “re-up” rate from its Fund II investor base and welcomed two new institutional investors. HealthEdge principals have established $175 million as the target raise for Fund III, making the fund approximately 60% subscribed through this initial closing. HealthEdge is aiming for a final close later this year.
About HealthEdge HealthEdge Investment Partners, LLC is an operation-oriented private equity firm founded in 2005 that focuses exclusively on the healthcare industry. HealthEdge seeks to achieve superior returns by investing in businesses that benefit from the knowledge, experience, and network of relationships of its partners. HealthEdge’s partners have more than 100 years of combined operating experience in healthcare as CEOs and investors. For more information on HealthEdge, visit www.healthedgepartners.com.
For more information on HealthEdge, please contact Phillip S. Dingle, Managing Partner at (813) 490-7101.