Insight

Latticework raises $345m for second healthcare fund

Fund II's limited partners include endowments, family offices, and fund of funds.

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  • The fund will invest in lower middle market healthcare companies
  • Acalyx Advisors Inc was placement advisor
  • Based in Dallas, Latticework currently has more than $550 million in assets under management

Latticework Capital Management has closed its second healthcare fund at $345 million, beating its $275 million target.

Fund II’s limited partners include endowments, family offices, and fund of funds.

The fund will invest in lower middle market healthcare companies.

“We are incredibly grateful for the support of both new and returning limited partners and look forward to building off the success of our previous funds” said Kyle Bradford, managing partner and co-founder of Latticework in a statement. “This is an important milestone for the firm, particularly given the ongoing challenges of the fundraising environment, and we are excited to continue leveraging our expertise and experience to take advantage of the tremendous opportunities in lower middle market healthcare.”

Acalyx Advisors Inc was placement advisor. Hogan Lovells US LLP served as legal counsel to Latticework.

Based in Dallas, Latticework currently has more than $550 million in assets under management.