Frazier Healthcare Partners Closes $2.3 Billion Healthcare Growth Buyout Fund XI
Frazier Healthcare Partners, a healthcare private equity firm, has announced the closing of its latest flagship fund, Frazier Healthcare Growth Buyout Fund XI, L.P. (FHGB XI), after reaching its hard cap of $2.3 billion within six months. This fund will focus on acquiring controlling interests in middlemarket healthcare companies. The funding saw strong investment from a broad range of global limited partners, including public pension funds, financial institutions, sovereign wealth funds, corporate pensions, family offices, foundations, and endowments.
We are humbled and deeply grateful for the longstanding support, trust and partnership from our existing limited partners, and the overwhelming interest from new investors, particularly given the challenging fundraising environment, said Nader Naini, comanaging partner at Frazier. We believe our more than 30 years of industry experience, healthcare focus and differentiated approach of pairing highconviction themes with proven executives resonated with investors.
Ben Magnano, comanaging partner at Frazier, added, Our sustained access to proven executive talent is paired with these investment theses to build sustainable healthcare companies that play into these themes. This fundraise reflects the trust we have built with our limited partners and our track record of developing categoryleading companies while validating our unique healthcare investment strategy.
About Frazier Healthcare Partners:
Founded in 1991, Frazier Healthcare Partners is a private equity firm exclusively focused on the healthcare industry. The company has raised over $9 billion in capital for private funds and coinvestment opportunities, investing in more than 200 companies over 33 years. Fraziers strategy involves partnering with strong management teams and leveraging internal operating resources and networks to build exceptional healthcare companies.
For more information, visit [Frazier Healthcare Partners](http://www.frazierhealthcare.com/growthbuyout).
Article