Oversubscribed Fund IV Targets Healthcare and Financial Sectors
New York-based private equity firm Lee Equity Partners has successfully closed its fourth fund, raising $1.3 billion. The fund, which exceeded its initial target of $1 billion, attracted a diverse group of global investors, including family offices, private and public pensions, funds of funds, sovereign wealth funds, and insurance companies. Fund IV will continue the firm's strategy of investing in mid-market companies within the healthcare and financial services sectors. This latest fundraising effort underscores Lee Equity Partners' commitment to partnering with founders and management teams to build market-leading businesses.