Insight

Leavitt Equity Partners raises over $180m for third fund

Leavitt Equity Partners III's limited partners include strategic healthcare partners, insurance companies, foundations and family offices.

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  • The fund will invest in lower middle market healthcare companies
  • Dorsey & Whitney served as legal advisor to Leavitt Equity Partners on the fund
  • Leavitt was founded in 2014 by Michael Leavitt, former United States Secretary of the Department of Health and Human Services

Leavitt Equity Partners has closed its third fund at over $180 million, beating its initial $150 million target.

Leavitt Equity Partners III’s limited partners include strategic healthcare partners, insurance companies, foundations and family offices.

The fund will invest in lower middle market healthcare companies.

“We are delighted with the outcome of this fundraise and the strong support from both existing and new investors,” said Taylor Leavitt, LEP’s managing partner and CEO in a statement.

Dorsey & Whitney served as legal advisor to Leavitt Equity Partners in the formation of LEP III.

Based in Salt Lake City, Leavitt Equity Partners targets the healthcare industry. The private equity firm was founded in 2014 by Michael Leavitt, former United States Secretary of the Department of Health and Human Services.