DW Healthcare Partners raises $210m for Founders Fund

DW Healthcare Partners, a healthcare-focused private equity firm, has closed the DW Healthcare Partners Small Cap, a fund focused on lower middle market healthcare investments, with $210 million in total capital commitments. 

DW Healthcare Partners (DWHP), a healthcare-focused private equity firm, has closed the DW Healthcare Partners Small Cap, (Founders Fund), a fund focused on lower middle market healthcare investments, with $210 million in total capital commitments. 

This new fund brings DWHP’s total capital under management to USD $1.3 billion.
  
The Founders Fund, which will invest in companies that are $3 to 6 million USD EBITDA, currently has two investments: TubeWriter and DermLite.
  
M2O Private Fund Advisors acted as DW Healthcare Partners’ placement agent in the United States; August Capital acted as placement agent in Canada; and Kirkland & Ellis LLP acted as legal counsel.