Sheridan Capital Partners has announced the closing of a new fund.
The fund, Sheridan Capital Partners Fund IV, reached its hard cap with $1.1 billion of total commitments.
Sheridan also closed its Healthcare IT Fund I with $245 million in capital commitments.
Sheridan, founded in 2012 and based in Chicago, is a healthcare-focused firm that takes control positions, including buyouts and partial recapitalizations, in the lower middle market. The firm concentrates on providers, outsourced services, products and manufacturing, and software and technology.