US Ferrer Freeman & Company has closed its third private equity fund with $400m of commitments. The fund will make investments in expansion-stage and mature healthcare companies to fund organic growth and acquisitions.
The fund will seek to invest between $15m and $45m per company and will focus specifically on healthcare services, clinical products, as well as healthcare outsourcing and infrastructure companies.
Investors in the fund include corporate and public pension funds, university endowments, financial institutions and charitable and family endowments.
Ferrer Freeman & Company was founded by Carlos Ferrer and David Freeman in 1996 to make investments in later-stage healthcare companies. The firm’s debut fund closed on $210m, while its second fund closed on $291m.
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