New York-based Regal Healthcare Capital Partners has closed RHCP IV at $610 million in total commitments, including approximately $575 million in external commitments, surpassing its original target of $550 million.
The healthcare private equity firm, which invests exclusively in healthcare services companies, has now raised nearly $1.3 billion in aggregate commitments across its first four funds since 2018. The fundraising broadened Regal’s investor base across both geographic regions and investor types, supporting the firm’s strategy of partnering with entrepreneurs building healthcare services businesses.
Lazard served as placement agent for the fundraising, while Kirkland & Ellis acted as legal counsel to Regal Healthcare Capital Partners.