Shore Capital Partners has held the final close of its sixth Shore Capital Healthcare Partners Fund and second Shore Search Partners Fund, with a total of approximately $850m in combined capital commitments across the two funds.
The two new funds, which will make healthcare investments and back entrepreneurs looking to acquire and manage companies follow the close of Shore Capital Food & Beverage Partners Fund III in July and bring the firm’s total capital raised in 2025 to nearly $1.3bn.
With over $14bn in assets under management, Shore has achieved substantial growth since 2019, when the firm had approximately $1bn in AUM.
Healthcare Fund VI, which closed with over $625m in capital commitments, is led by Founding Partner Ryan Kelley, along with Shore Partners Don Pierce and Chris Mioton. The fund seeks to build on Shore’s long-standing expertise in microcap healthcare investing and its commitment to partnering with companies with revenues between $5m and $200m across a variety of healthcare subsectors.
Search Fund II, which closed with almost $225m in capital commitments, is led by Partner Michael Aubrey, along with Partner Cameron Perkins. Building on the success of the inaugural fund, Search Fund II will continue to back experienced executives pursuing acquisition opportunities in the traditional search investment range. Participants benefit from Shore’s extensive network, operational resources, and development programmes, gaining access to a demonstrated playbook designed to help leaders identify, acquire, and scale high-potential microcap businesses.
The strategy reflects Shore’s ongoing innovation within the lower middle market and its commitment to developing future leaders who it believes can create meaningful value through disciplined execution and operational excellence.
Kirkland & Ellis LLP served as legal advisor to Shore for the fundraising efforts. Shore did not use a placement agent.
