RiverGlade Closes New Fund With $453 Million

Amber McGraw Walsh
McGuireWoods LLP
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RiverGlade Capital has announced it closed its latest fund, RiverGlade Capital Fund II, with $453 million in capital commitments.

The fund was over-subscribed and exceeded its target size and initial cap.

RiverGlade Capital, based in Chicago, makes control and select minority equity investments in lower middle market healthcare companies. Founded in 2017, the firm prefers to make more substantial investments from a dollars perspective.

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