Private Equity

Apposite Capital hits first close on second fund

UK healthcare private equity firm also buys significant minority stake in medical diagnostics company

Monday 9 May 2016 at 16:03

UK healthcare private equity firm Apposite Capital has reached a first close on its second fund and inked its maiden deal from the new vehicle.

The firm hit a first close - the point at which it can begin spending capital - after collecting £70 million of commitments for the fund, which has a target of £125 million, according to a person familiar with the matter.