DW Healthcare Partners has announced it has closed its fifth fund with $610 million in commitments.

DW Healthcare Partners, with its U.S. office in Park City, Utah, is a private equity firm focused exclusively on healthcare. Founded in 2002, DW Healthcare Partners primarily pursues control investments in North American, middle-market companies.

The firm noted that its newest fund — DW Healthcare Partners V (Fund V) — was oversubscribed.

The fund brings DW Healthcare Partners’ total capital under management to more than $1.4 billion.