Nautic Partners LLC, a middle-market private equity firm that invests in healthcare, industrials and services sectors, has closed Nautic Partners XI oversubscribed at its hard cap of $4.5 billion.
The fund surpassed its target of $3.75 billion and is the firm’s largest fund to date. Nautic will continue to be led by 12 managing directors with more than 170 years of combined private equity investment experience at the firm.
Evercore Private Funds Group acted as Nautic’s global placement agent, and Kirkland & Ellis LLP served as fund counsel.