Healthcare services-focused private equity firmĀ InTandem CapitalĀ has closed InTandem Capital Opportunities Fund on its $225m hard cap.

The firm said it will focus on providing expansion capital to existing portfolio companies and additional capital for future platform investments from InTandem Capital Partners Fund II.

InTandem Capital Partners Fund II was closed on $250m in 2019. It secured capital commitments from at least 52 limited partners according to an SEC filing.

The firm closed its debut fund on $175m in 2017 supported by GCA Advisors, which served as a placement agent.

Read more: Alt Assets