The health-care and life sciences firm has a $300 million target for Linden Capital Partners II, but it expects to reach the hard cap of $350 million. Park Hill Group is assisting the Chicago-based firm with its latest fund-raising drive.
Linden’s debut fund closed in 2006 with $200 million in commitments.
Deal flow remains slow
Five leveraged buyout transactions closed during the past week, according to Thomson Reuters (publisher of PE Week), as
The Boulder, Colo.-based shop formed a special purpose vehicle called Global Iron Holdings to acquire Halifax Corp. a Virginia-based provider of enterprise maintenance services. The deal has a rank value of about $6.7 million.
Meanwhile,
Year-to-date deal volume inched up to $8.6 billion. —Eamon Beltran