Regal Healthcare Capital Partners has announced the close of its fourth private equity fund.
The fund — RHCP IV — closed at $610 million of total commitments and closed above its original target of $550 million.
Regal, founded in 2018 and based in New York, is a control growth equity and buyout firm focused exclusively on lower middle market healthcare services companies. The firm targets multi-site and/or provider-led businesses with revenue between $20 million and $100 million and EBITDA between $2 million and $10 million.