Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry, announced today the closing of its fifth private equity fund, Water Street Healthcare Partners V, L.P., with $1.4 billion in total capital commitments.
Since its founding in 2006, Water Street has completed nearly 150 strategic transactions and build 38 companies that are helping to improve patient outcomes, contribute to innovation, and create value for the overall health care system, the firm said in a news release. With its newest fund, Water Street will continue to pursue proprietary investments in three key health care sectors: pharmaceutical and life sciences, medical products and diagnostics, and health care services. Target investments range in size from $50 million to $500 million in value.
