One Equity Partners (OEP) has announced the closing of its newest fund, One Equity Partners VIII, with committed capital of $2.75 billion.

Through the fund, OEP will continue to target equity investments between $30 million and $300 million in healthcare and a few other types of businesses across North America and Europe.

OEP, based in New York, is a middle market private equity firm. Founded in 2001 and spun out of J.P. Morgan in 2015, OEP seeks control-oriented investments with flexible structure in companies with revenue between $100 million and $800 million and EBITDA of $10 million to $70 million.