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Alternative Market Briefing

RoundTable Healthcare hits an $800m final close for its sixth private equity fund

Thursday, May 05, 2022

Laxman Pai, Opalesque Asia:

RoundTable Healthcare Partners, a US-based private equity firm focused exclusively on the healthcare industry, has hit an $800m final close for its sixth private equity fund, bringing its total raised since inception to $4.25bn.

The total committed capital of $4.25 billion includes six equity funds totaling $3.65 billion and three subordinated debt funds totaling $600m.

RoundTable 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, its fourth equity fund of $650 million in August 2015, and its fifth equity fund of $700 million in July 2019.

According to a press release from the Lake Forest, IL-based firm, its long-standing strategy has been to utilize the firm's extensive healthcare operating and transaction expertise to improve the growth and profitability of its portfolio companies to enhance their value and generate attractive investment returns.

The firm focuses its investments on family companies, owner/founders, management teams, and corporate partners who have confidence in RoundTable's ability to add value beyond the capital, it said.

To advance this strategy, Fund VI will be led by a Management Committee consisting of Thomas P. Kapfer, R. Craig Collister, Andrew B. Hochman, and Timothy J. Connors. Mr. Kapfer was Chairman of the Management Committee for Fund V and will retain his position for Fund VI. ......................

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