Twitter LinkedIn
    Tuesday, August 9
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Fundraising»Peloton Equity Closes Fund II at $152.25 Million
    Fundraising

    Peloton Equity Closes Fund II at $152.25 Million

    February 12, 2021Updated:February 12, 20212 Mins Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Peloton Equity, LLC, a healthcare-focused private equity firm, has closed its second fund Peloton Equity II, L.P. (“Fund II”) with $152.25 million in limited partner and general partner commitments

    Fund II will seek to continue Peloton’s strategy of investing growth capital in innovative healthcare companies and partnering with management teams to achieve accelerated growth and value creation. Peloton invests across a wide range of healthcare sectors with a focus on differentiated companies that it believes are positioned to benefit from secular industry tailwinds. Three investments have been made out of the fund to date:

    Based in Austin, TX, ClearSky Health is a leading provider of inpatient rehabilitation (IRF) and related post-acute care services to patients in need of intensive care following an acute event.

    Based in Rochester, NY, AeroSafe Global is a provider of cold chain packaging and logistics solutions (cold-chain-as-a-service) to the pharmaceutical, biopharmaceutical, specialty pharmacy and medical device industries.

    Based in Denver, CO, Friday Health Plans is a provider of consumer-oriented health plans to individuals and small groups in Colorado, Nevada, New Mexico and Texas.
    With the close of Fund II, Peloton will have the capital available to make several new portfolio company investments and support follow on investments in its existing portfolio companies.

    Peloton is also welcoming a group of five Operating Partners for Fund II. Tom Bailey, Kevin Hill, Ted Hull, Keith Longson and Albert Prast, who all bring experience and company-building know how that is complementary to Peloton’s investment team and specifically relevant to companies and sectors Fund II will target.

    Read more

    Source: Business Wire

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Capital Fundraising funds Investments
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    New Warburg Pincus investment values MRL at $2.25B

    August 8, 2022

    BlackRock to offer Crypto for Institutional Investors through Coinbase

    August 8, 2022

    Apollo raises $13B for first flagship buyout fund since Leon Black exit

    August 4, 2022

    KKR forms strategic alliance with Loop Capital to offer equity research and distribution capabilities

    August 4, 2022

    Comments are closed.

    Other Articles

    KKR plans more shale acquisitions after $5.5B Contango Oil & Gas deal

    June 8, 2021

    EQ Health Acquisition Corp closes upsized USD220m IPO

    February 6, 2021

    Sports retailer Fanatics enters China via JV with Hillhouse Capital

    February 27, 2021

    Carlyle Flagship Fund Expected to Reach $17bn by Midyear

    January 25, 2022

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2022 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?