AI-assisted, human-published

10/25/2024 /Funding Events

Nautic Partners Closes Oversubscribed Fund XI at $4.5 Billion

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AI-assisted, human-published

Nautic Partners, LLC has successfully concluded the final closing of Nautic Partners XI at its hard cap of $4.5 billion, exceeding the $3.75 billion target. The fund saw significant demand and received strong support from both existing and new institutional investors across various regions.

 

Fund XI will be overseen by 12 Managing Directors with extensive private equity investment experience, and its limited partners comprise a diverse group of leading institutions. Nautic's previous fund, Nautic Partners X, closed in 2021 with $3.0 billion of committed capital.

 

Evercore Private Funds Group served as the exclusive global placement agent for Nautic, with Kirkland & Ellis LLP as fund counsel.

 

Nautic Partners, based in Providence, Rhode Island, is a middle-market private equity firm focusing on Healthcare, Industrials, and Services sectors. The firm has a history of over 155 platform transactions and aims to accelerate the growth trajectory of its portfolio companies through strategic initiatives. For more information, visit www.nautic.com.

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