Insight

WCAS wraps up fourteenth fund at over $5bn

WCAS XIV LP closed above its target and the firm's prior fund, WCAS XIII, L.P., which closed at $4 billion.

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  • The four largest investors in WCAS XIV increased their capital commitment by approximately 25% from WCAS XIII
  • As in prior funds, the firm’s general partners collectively represent one of the largest investors in WCAS XIV
  • Since WCAS’s founding in 1979, the firm has raised over $31 billion of committed capital and has invested in over 95 healthcare and 110 technology companies

Welsh, Carson, Anderson & Stowe has closed its fourteenth fund at over $5 billion.

WCAS XIV LP closed above its target and the firm’s prior fund, WCAS XIII, L.P., which closed at $4 billion.

The four largest investors in WCAS XIV increased their capital commitment by approximately 25% from WCAS XIII. As in prior funds, the firm’s general partners collectively represent one of the largest investors in WCAS XIV.

On the fundraising, WCAS Managing Partner D. Scott Mackesy said in a statement, “We are grateful for the strong support of our limited partners for WCAS XIV. We look forward to continuing to pursue our proven strategy of partnering with outstanding management teams to build leading companies in our two specialized industries – healthcare and technology.”

Since WCAS’s founding in 1979, the firm has raised over $31 billion of committed capital and has invested in over 95 healthcare and 110 technology companies.