Latticework Capital Management, a private equity firm focused on making investments in the healthcare industry, has closed LCM Healthcare Fund II, exceeding the $275 million target with total commitments of $345 million.

Consistent with its predecessor funds, Fund II will target investments in lower middle-market healthcare companies that are founder-led. LCM focuses on opportunities in subsectors where the firm can create value through growth initiatives and add-on acquisitions, driving value to customers and the overall healthcare ecosystem.

Acalyx Advisors Inc. served as placement advisor. Hogan Lovells U.S. LLP served as legal counsel to Latticework.