Linden Capital Targets $4.5B for Latest Healthcare Fund

Chicago-based healthcare investor Linden Capital Partners’ latest buyout strategy is targeting a $4.5B fundraise, according to a September 27 Form D filing.

The target for Linden Capital Fund VI represents a 50% increase over the $3B raised by its predecessor fund. Fund VI is the latest in the firm’s flagship middle-market buyout series targeting healthcare investments across services, products, and distribution. Linden Capital’s predecessor fund drew widespread interest from US public pensions, according to Dakota data, including a $150M commitment from the New York State Teachers Retirement System and $85M from the Texas County & District Retirement System.

PJT Partners and Magenta Capital Services are serving as placement agents for Fund VI, according to the Form D filing.

Source:

https://www.sec.gov/Archives/edgar/data/2038715/000203871524000001/xslFormDX01/primary_doc.xml

For more public pension insights and a comprehensive library of public plan minutes, book a demo of Dakota Marketplace!