Water Street Healthcare Partners has announced the closing of its sixth private equity fund.
The fund, Water Street Healthcare Partners VI, closed with $1.9 billion in total capital commitments. The fund was oversubscribed and closed at its hard cap.
Water Street, founded in 2005 and based in Chicago, is a private equity firm focused exclusively on healthcare. The firm indicated that with the newly raised capital, it is seeking opportunities to invest in mid-market businesses specializing in medical products and diagnostics, pharmaceutical and life sciences, and healthcare services.