London-based private-equity firm GHO Capital Partners LLP has raised more than €2.5bn ($2.9bn) in commitments for its latest fund GHO Capital IV LP, the firm’s largest to date and 25% larger than its predecessor, according to a report by Bloomberg.
The raise gives GHO Capital resources to target opportunities in the manufacturing and medical technology sectors. The fund draws 30 new institutional investors from North America, Europe, and Asia.
The fund is looking to focus on healthcare businesses which utilise AI, according to managing partner Mike Mortimer. Previously GHO has acquired skin imaging and diagnostics company FotoFinder Systems, alongside AI R&D platform Scientist.com.
