Frontline Healthcare Partners Closes on $125M Maiden Fund

Charleston, SC-based private equity firm Frontline Healthcare Partners announced the final close of its first fund, Frontline Healthcare Partners LP, at $125M.

The fund will pursue control investments in micro-cap distributed businesses with the intent to build market-leading healthcare companies. To date, it has made four platform investments: Bay Area Clinical Associates, JoyBridge Kids, LivWell Infusions, and Porch Light Health.

Frontline said that in addition to anchor investors, which it did not name, the fund attracted interest from institutional investors, family offices, and high-net-worth individuals. CrossBay Capital Partners served as placement agent for the fundraise, and Latham & Watkins LLP served as legal counsel.

Source: https://www.businesswire.com/news/home/20241122826189/en/