Martis Capital Management, a healthcare-focused private equity firm, and Kudu Investment Management announced that Kudu has made a minority investment in Martis Capital. Financial terms were not disclosed.
Martis Capital, based in San Francisco and Washington, DC, is a capital partner for healthcare companies. Managing partners Barry Uphoff, Mario Moreno, and Owen Davis will continue to lead the employee-owned and controlled firm.
Since 2011, Martis Capital has raised nearly $2.2 billion globally from a diverse group of institutional investors and family offices, strategic partners, and healthcare entrepreneurs. It seeks to consistently invest in growing middle-market companies across targeted segments of the North American healthcare sector. The firm closed its fourth fund, Martis Partners IV, LP, on June 6 with approximately $779 million in capital commitments, exceeding its target of $700 million. Read more.
