Avista Capital Partners Surpasses Target, Secures $1.5 Billion for Healthcare Fund VI

Avista Capital Partners, a prominent private equity firm headquartered in New York, has successfully closed its latest fund, Avista Healthcare Partners VI, amassing a staggering $1.5 billion, surpassing its initial target of $1.25 billion. This new fund is geared towards investing in middle-market product and technology healthcare companies across North America and Europe.

Expressing gratitude for the substantial support received, David Burgstahler, CEO of Avista, highlighted the firm's strategic approach in identifying and propelling growth-oriented healthcare enterprises with robust secular trends. The successful fundraising underscores investors' confidence in Avista's longstanding strategy.

Rede Partners served as the global fundraising agent for the venture, while legal counsel was provided by Kirkland & Ellis. With a track record spanning over 45 healthcare businesses and investments exceeding $8 billion, Avista has solidified its position as a leading player in the private equity healthcare sector since its inception in 2005.