Lorient Capital Management announced the closing of the Lorient Healthcare Fund at its hard cap of $122 million.
The fund will seek to invest $10-$25 million of equity capital into healthcare companies in the areas of physician practice management, post-acute care, behavioral health and outsourcing.
Lorient Capital, based in Birmingham, Mich., is a private investment firm focused solely on healthcare. The firm seeks investments in micro, middle-market companies.