Nautic Partners (Nautic), a leading middle-market private equity firm focused on the healthcare, industrials, and services sectors, has held the final closing of Nautic Partners XI (Fund XI), oversubscribed at its hard cap of $4.5bn.
Fund XI, Nautic’s largest fund to date, surpassed its initial $3.75bn target after attracting strong support from both long-standing and notable new institutional investors across North, Central, and South America, Europe, Asia, and the Middle East.
Nautic will continue to be led by 12 Managing Directors with more than 170 years of combined private equity investment experience at the Firm. The limited partners of Fund XI include a globally diverse base of leading institutions, including public and private pension plans, insurers, health systems, fund of funds, family offices, financial institutions, endowments, and foundations. Nautic closed its previous fund, Nautic Partners X, in 2021 with $3.0bn of committed limited partner capital.
Evercore Private Funds Group acted as Nautic’s exclusive global placement agent, and Kirkland & Ellis LLP served as fund counsel.
