Shore Capital Partners Announces Closing of Three Funds Totaling Over $1.9 Billion

Shore Capital Partners, a private equity firm based in Chicago, has successfully closed three funds, exceeding their targets and amassing over $1.9 billion in commitments. The funds include the Healthcare Advantage Fund, Business Services Partners Fund II, and Shore Search Partners Fund. The firm's assets under management now total $9.1 billion.

Justin Ishbia, the Shore Founder and Managing Partner, highlighted the focus on lower-middle market investments and expansion opportunities through the Advantage and Search Funds. The Healthcare Advantage Fund, led by Founding Partners Mike Cooper and John Hennegan, aims to leverage its healthcare expertise to invest in well-positioned companies. The Business Services team, led by Partners Brad Morehead, Rory Kenny, Matt Sweeney, and Mickey Jiang, will focus on investment opportunities across various sectors. Similarly, the Search Fund is poised to support executives pursuing acquisition opportunities in the traditional Search investment range.