SkyKnight Capital (SkyKnight) has held the final closing of SkyKnight Capital Fund IV (Fund IV), with $1bn in capital commitments from endowments, foundations, pensions, family offices, and institutional investors.
Fund IV exceeded its target and was significantly oversubscribed, with strong support from a diversified base of returning and new limited partners. The firm’s last fund (Fund III) closed in April 2021 at its hard cap of $600m
SkyKnight focuses on partnering with businesses in “acyclical growth sectors”. The firm manages over $3.5bn and is 100% employee owned. Since its launch in 2015, SkyKnight has made sixteen platform investments, which have further made more than 100 add-on acquisitions. Past investments, which have ranged from $50-250m, include healthcare, financial services, and tech-enabled services companies in North America.
