Deals
Patient Square Beats Target to Raise $3.9 Billion for First Fund
- Ex-KKR healthcare dealmaker Momtazee founded firm in 2020
- The fund had a target of $3 billion and held several closes
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Healthcare-focused Patient Square Capital, founded by former KKR & Co. dealmaker Jim Momtazee, raised $3.9 billion for its debut fund, surpassing a $3 billion target.
The Menlo Park, California-based firm, launched in 2020, benefited from heightened investor demand for exposure to the health-care sector, driven by demographics and innovation, Momtazee said in an interview.