Silversmith Capital Partners has announced it has closed on its first private equity fund — Silversmith Capital Partners I — at $460 million of commitments.

Silversmith, based in Boston, focuses on equity investments in two core industry verticals: healthcare information technology and services, and software-as-a-service and information services.

The founders and managing partners of the newly formed Silversmith include two former managing directors of Bain Capital Ventures, Jeff Crisan and Todd MacLean, and a former managing director of Spectrum Equity, Jim Quagliaroli.

The firm seeks to invest $15-$50 million per company, with the ability to increase the equity commitment in select situations.