Latest news with #FundIV
Business Wire
24-07-2025
- Business
- Business Wire
Heritage Group Closes on $370 Million Fourth Fund
NASHVILLE, Tenn.--(BUSINESS WIRE)--Heritage Group, a healthcare-focused private equity firm, today announced the final closing of Heritage Healthcare Innovation Fund IV ('Fund IV' or the 'Fund') at over $370 million, marking another significant milestone in the firm's continued growth. Fund IV builds on Heritage Group's successful strategy of making minority and majority investments in solution-oriented, high-growth healthcare services and technology businesses that address the industry's most pressing challenges. Heritage Group's deep strategic engagement model ensures that their health system and payer limited partners add value throughout the investment lifecycle—from sourcing and diligence to portfolio company growth and commercialization. Share 'We are grateful for the continued support from our longtime investors and excited to welcome several new limited partners to Fund IV,' said Jesse Bland, Partner at Heritage Group. 'Their confidence reflects the strength of our strategic model and our ability to identify and scale businesses across some of the highest growth subsectors of the healthcare ecosystem.' Heritage is backed by leading healthcare organizations, including major health systems operating more than 800 hospitals, payers insuring over 75 million lives, and other key healthcare service providers. 'Our strategic investors aren't just capital providers—they're true partners in how we source, evaluate, and grow businesses,' said Bryan Bui, Partner at Heritage Group. 'We work hard to maintain a two-way dialogue with our limited partners, ensuring they have early and direct access to emerging innovation while also bringing their insights into every stage of our investment process.' Heritage Group's deep strategic engagement model ensures that their health system and payer limited partners add value throughout the investment lifecycle—from sourcing and diligence to portfolio company growth and commercialization. This strategic investment approach provides proprietary insights and real-time market intelligence, enabling Heritage to take a thematic approach to investing by targeting segments of the healthcare industry positioned for meaningful and sustained growth. 'Heritage enables us to engage directly with some of the most forward-thinking healthcare companies in the market,' said Tim Hingtgen, CEO of Community Health Systems. 'Their ability to surface emerging trends early, connect us with innovative solutions, and create meaningful opportunities for strategic collaboration across the ecosystem makes them a uniquely valuable partner.' Heritage Group's portfolio spans several high-impact themes including the shift to lower-cost sites of care, such as ambulatory infusion (TwelveStone) and home-based care (Upward Health); enabling value-based care through companies like Curana Health and Wellvana; supporting health systems through outsourced clinical services (Equum, a leader in teleICU and telenursing, and Shearwater Health, a clinical process outsourcer); and expanding access to care via platforms such as MDLIVE and Connections Health Solutions. 'Heritage has been an invaluable partner to our team—delivering strategic value well beyond capital,' said David Siegel, CEO of Nationwide Medical, a Heritage Group portfolio company. 'Their deep understanding of the healthcare landscape, collaborative approach, and strategic connectivity have helped us accelerate growth and expand our impact in meaningful ways.' About Heritage Group Heritage Group is a Nashville, Tennessee-based, healthcare-focused private equity firm with more than 40 years of experience financing and operating healthcare companies. Heritage has over $1 billion of assets under management and seeks to make majority and minority investments in high-growth healthcare services and healthcare technology businesses that address the challenges of the U.S. healthcare system. The firm's limited partners include some of the leading healthcare organizations in the nation, including large provider systems, payers, and healthcare service providers, which collectively operate over 800 hospitals and insure more than 75 million lives. For more information, visit
Yahoo
01-07-2025
- Business
- Yahoo
Arroyo Announces Final Close of Fund IV and Sale of Fund III Asset
Fund IV Closes with More Than $1 Billion in Commitments HOUSTON, July 01, 2025--(BUSINESS WIRE)--Arroyo Energy Investment Partners LLC, a Houston-based, independent investment manager focused on power and energy infrastructure assets in North America and Chile, announces the final close of Arroyo Investors Fund IV, L.P., and affiliated vehicles ("Fund IV") with more than $1 billion in total equity capital commitments. Arroyo accepted commitments from existing institutional investors from its predecessor funds and expanded its already well-diversified investor base of endowments, family offices, foundations, fund of funds, insurance companies, as well as public and private pensions. Fund IV also received significant support from global investment consultants. Fund IV is a continuation of Arroyo's strategy of acquiring equity interests in existing energy infrastructure investment companies, as well as late-stage development projects where the team has developed extensive networks over the past three decades sourcing deals on a proprietary basis. Fund IV has already completed investments in four companies which it believes demonstrate the benefits of investment discipline and thorough investment underwriting. Seaside LNG: Integrated shore-side liquefaction and LNG bunkering platform in North America. Mesa Solutions: Distributed power generation solutions business in North America. Cielo Digital Infrastructure: Portfolio of project sites with access to grid power for data center development in the U.S. Fermaca Networks: Dark fiber optic network in late-stage development in the U.S. and Mexico. Threadmark acted as Fund IV's global placement agent. In addition, affiliates of Arroyo's third flagship fund recently closed on the sale of an approximately 143 MW natural gas-fired combined cycle power plant located near Monterrey, Mexico. Arroyo believes this realization event demonstrates the attractiveness of Arroyo's investments irrespective of the market environment. The sale reflects a total enterprise value of more than $440 million. ABOUT ARROYO INVESTORS Arroyo is a Houston-based independent investment manager focused on power and energy infrastructure investments across North America and Chile. The Arroyo team has built a leading reputation for investing in infrastructure assets with strong operating performance. For further information, visit View source version on Contacts Jennifer Petreepr@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
01-07-2025
- Business
- Business Wire
Arroyo Announces Final Close of Fund IV and Sale of Fund III Asset
HOUSTON--(BUSINESS WIRE)--Arroyo Energy Investment Partners LLC, a Houston-based, independent investment manager focused on power and energy infrastructure assets in North America and Chile, announces the final close of Arroyo Investors Fund IV, L.P., and affiliated vehicles ('Fund IV') with more than $1 billion in total equity capital commitments. "Fund IV is a continuation of Arroyo's strategy of acquiring equity interests in existing energy infrastructure investment companies, as well as late-stage development projects where the team has developed extensive networks..." Share Arroyo accepted commitments from existing institutional investors from its predecessor funds and expanded its already well-diversified investor base of endowments, family offices, foundations, fund of funds, insurance companies, as well as public and private pensions. Fund IV also received significant support from global investment consultants. Fund IV is a continuation of Arroyo's strategy of acquiring equity interests in existing energy infrastructure investment companies, as well as late-stage development projects where the team has developed extensive networks over the past three decades sourcing deals on a proprietary basis. Fund IV has already completed investments in four companies which it believes demonstrate the benefits of investment discipline and thorough investment underwriting. Seaside LNG: Integrated shore-side liquefaction and LNG bunkering platform in North America. Mesa Solutions: Distributed power generation solutions business in North America. Cielo Digital Infrastructure: Portfolio of project sites with access to grid power for data center development in the U.S. Fermaca Networks: Dark fiber optic network in late-stage development in the U.S. and Mexico. Threadmark acted as Fund IV's global placement agent. In addition, affiliates of Arroyo's third flagship fund recently closed on the sale of an approximately 143 MW natural gas-fired combined cycle power plant located near Monterrey, Mexico. Arroyo believes this realization event demonstrates the attractiveness of Arroyo's investments irrespective of the market environment. The sale reflects a total enterprise value of more than $440 million. Arroyo is a Houston-based independent investment manager focused on power and energy infrastructure investments across North America and Chile. The Arroyo team has built a leading reputation for investing in infrastructure assets with strong operating performance. For further information, visit
Yahoo
17-06-2025
- Business
- Yahoo
Prominent global VC Endeavor Catalyst is raising $300M, sources say
Endeavor Catalyst, the co-investment fund affiliated with global entrepreneurial network Endeavor Global, is raising a new $300 million fund, its fifth and largest fund yet, as it looks to deepen its bet on high-growth startups across Africa, Latin America, the Middle East, and Southeast Asia, TechCrunch has learned. The new fund, according to sources, is still in early fundraising stages. It's previous fund was its $292 million Fund IV closed in 2022. The firm has already begun early conversations with limited partners, including family offices, development finance institutions, and tech founders across its global network. If successful, the fund would take Endeavor Catalyst's total assets under management to well over $800 million, further cementing its position as one of the most active venture players across emerging markets. Endeavor Catalyst declined to comment on fundraising activity. The fundraise comes at a moment when many emerging markets venture investors are facing headwinds: sluggish exits, fewer follow-on rounds, and a constrained global capital environment. But Endeavor Catalyst is betting that its model can weather the downturn and scale promising and well-established companies in these markets. The firm, formed in 2012, solves a persistent gap in venture capital in developing markets: access to growth-stage funding. Unlike traditional VCs, Endeavor Catalyst only invests in founders selected by Endeavor Global's network — 'high-impact entrepreneurs,' it calls them. It participates in equity rounds of at least $5 million (usually at Series A to C stages) and invest alongside other institutional VCs. Endeavor Global identifies breakout founders early, provides them with global mentorship and market access, and then backs them (with Endeavor Catalyst) when they intend to raise capital, without leading or setting terms (the fund does not lead rounds or take board seats). Linda Rottenberg, who co-founded the organization in 1997, saw something most investors didn't: that overlooked founders in emerging and frontier markets could build large companies if they had the right backing. That early conviction, which started in Latin America, laid the groundwork for a global network that has helped scale hundreds of companies long before investors paid attention to their markets. Endeavor CEO says long-term capital needs to be prioritized in emerging ecosystems So far, the thesis appears to be paying off. Across four funds, Endeavor Catalyst has raised over $540 million and made more than 360 investments across 34 countries. That portfolio includes 63 companies now valued at over $1 billion, including Turkey's Insider, Nigeria's Flutterwave, Colombia's Rappi, UAE's Tabby and Indonesia's Carro. Endeavor Catalyst also backs startups in less active startup ecosystems across the U.S. and Europe. Polish AI startup ElevenLabs, Spain job platform Jobandtalent and U.S.' Altruist are a few names. Endeavor Catalyst's fifth fund is launching in a very different climate than its predecessors. After a boom year in 2021, global venture capital slowed significantly through 2022 to 2024, with many crossover investors pulling back and follow-on capital drying up in emerging markets. Yet the New York-based investor has remained unusually active, especially last year. In Q4 2024, the firm completed 13 new investments across seven markets—its third most active quarter ever, according to its annual report. The fund's performance to date has also helped build credibility. Over 30 of its portfolio companies have exited via IPO or acquisition, delivering returns and proving that high-growth outcomes are possible in markets outside the U.S., China, Europe and India. Names like Uruguay's dLocal, Chile's Cornershop and Tunisia's Instadeep come to mind. Still, Endeavor Catalyst's success matters beyond its own returns. As one of the few global VCs with a purely emerging markets mandate and a built-in sourcing advantage, it plays an outsized role in proving the investability of tech markets outside Silicon Valley. Endeavor Catalyst is backed by prominent investors and founders, including Bill Ford, Bill Ackman, Michael Dell, Pierre Omidyar and Reid Hoffman. Similarly, founders and 'Endeavor Entrepreneurs,' including Marcos Galperin (MercadoLibre), David Velez (Nubank) and Marcin Zukowski (Snowflake), are also limited partners (30% of the LPs across the first four funds are also 'Endeavor Entrepreneurs.') Firms like General Atlantic, Tiger Global, QED Investors, Kaszek Ventures, Prosus Ventures and Peak XV and STV are frequent local and international co-investors in its startups. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Star
09-06-2025
- Business
- The Star
Mekong Capital plans US$200mil agriculture fund next year
Officials from Thanh Hoa Forest Ranger sub-department patrol in Xuan Lien National Park. Mekong Capital is interested in firms specialising in sectors such as forestry, organic fertiliser and ocean health. - Vietnam News/ANN HANOI: Mekong Capital Ltd., a Vietnam-focused private equity firm, plans to launch a regenerative agriculture fund in 2026 with as much as US$200 in capital, according to its founder and partner Chris Freund. "We're making progress getting that fund off the ground and currently at a stage where we're working on the pipeline' of potential companies to invest in, Freund said in an interview. Mekong Capital, which previously mostly focused on retail, restaurants, education and consumer sectors, is shifting to areas such as biotech and agricultural technology, Freund said. While continuing to invest in consumer companies, it is also interested in firms specialising in sectors such as forestry, organic fertiliser and ocean health, he said. Companies operating in data-rich sectors that are capable of collecting, analysing and leveraging large volumes of information are well-positioned for future growth, Freund said. Mekong Capital is looking at how data technologies can improve performances of companies it invests in, he said. Mekong Capital, founded in 2001, has launched a total of five funds in Vietnam, including Mekong Enterprise Fund IV, or MEF IV, its most recent. The MEF IV fund was started in 2019 with committed capital of US$246 million. - Bloomberg
