Martis Capital Management, LLC, the healthcare-focused private equity firm, has closed its third fund, Martis Partners III, LP with $545 million in aggregate capital commitments.
PALO ALTO, Calif., and WASHINGTON, April 11, 2019 /PRNewswire/ -- Martis Capital Management, LLC (“Martis Capital”), the healthcare-focused private equity firm, has closed its third fund, Martis Partners III, LP (“Fund III”) with $545 million in aggregate capital commitments. The fund closed at its fundraising hard cap, with commitments from a diverse group of public and private institutional investors.
Fund III will continue Martis Capital’s strategy of investing in buyout and growth equity opportunities in middle-market companies providing innovative and cost-effective products and services within the services & outsourcing, information technology, and consumer & wellness subsectors of the North American healthcare industry.
In conjunction with the final close of Fund III, Martis Capital is also pleased to announce that Mario Moreno and Owen Davis have been promoted to Partners in the firm, and Vladimir Andonov has been promoted to Director of Business Development. Both Mario and Owen will be part of the firm’s investment committee.
Metric Point Capital was the exclusive global placement agent, and McDermott Will & Emery LLP served as legal counsel.
Martis Capital is based in Palo Alto, CA and Washington, DC and has raised more than $1.25 billion of capital since 2011. For more information, please email us at info@martiscapital.com.
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SOURCE Martis Capital
