Global private equity and venture capital news and research

Varsity Healthcare Partners picks up $200m for debut fund, eyes first deal

7 Mar 2014

medical monitorLos Angeles-based private equity investor Varsity Healthcare Partners has reported gathered at least $200m for its debut fund.

The firm is also nearing its first deal since being founded in late 2012 according to Venture Capital Journal, which cited two sources familiar with the firm.

Varsity targets healthcare provider platforms with up to $10m in EBITDA, and aims to deploy at least $50m of equity capital over the lifetime of an investment.

The firm was launched by former Aurora Capital partner David Alpern and ex-Fenway Partners vice president Bradley Smiedt.

They have since been joined by Kenton Rosenberry, who previously worked with lower mid-market private equity firms MTS Health Investors and Enhanced Equity Funds.

Copyright © 2014 AltAssets

Legals & Terms of UsePrivacy Policy

AltAssets is registered as a trademark of Investor Networks Limited (06695690).
Registered Office: WeWork 4001, 1 Fore Street, London, EC2Y 5EJ
Content is © AltAssets 2000-2016