SkyKnight Capital has announced the close of its fifth fund.

The fund — SkyKnight Capital Fund V closed with $2 billion in commitments.

SkyKnight Capital, founded in 2015 and with locations in Burlingame, California and New York, is a private equity firm focused on healthcare and a few other sectors. The firm seeks to invest $25 million to $250 million or higher in companies to acquire 25% to 75% or higher equity ownership.