Since its inception in 2018, Regal has gathered nearly $1.3 billion in aggregate commitments. This latest capital injection highlights sustained interest in the firm’s strategy of backing lower-middle market healthcare entrepreneurs. General Partner David Kim noted that the diversity of the new investor base underscores the firm's reputation in the sector. The fundraising effort was managed by Lazard, acting as the exclusive placement agent, while Kirkland & Ellis provided legal counsel. Regal typically targets equity investments of approximately $75 million, focusing on companies that generate between $20 million and $100 million in revenue.
Regal Healthcare Capital Partners Raises $610 Million for Fourth Fund
New York-based private equity firm Regal Healthcare Capital Partners has closed its fourth fund at $610 million, exceeding its initial $550 million target. The firm, which focuses exclusively on healthcare services, secured the capital from a mix of existing partners and new institutional investors including pension plans and endowments.
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