Shore Capital Partners has announced it has closed it second PE fund (Shore Capital Partners Fund II) at the hard cap of $190 million.
With the closing, the firm indicated it now has approximately $350 million in total capital under management.
Shore Capital Partners, based in Chicago, is a PE firm focused exclusively on microcap healthcare investments. Founded in 2009, Shore’s target investments range in size from $1 million to $7 million in EBITDA. Equity commitments range from $10 million to $30 million per platform.
The firm indicated Fund II will continue the first fund’s investment strategy of primarily investing in control buyouts.
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