Varsity Healthcare Partners (VHP) has announced the closing of its third private equity fund, VHP III, at $417 million.
VHP, with offices in Los Angeles and Stamford, Conn., is a lower-middle-market private equity firm focused on healthcare services. Founded in 2014, VHP aims to commit equity investments ranging from $20 million to $60 million.
With the closing of its third fund, total capital raised by VHP is approximately $816 million.
