Clayton Associates seeks $75 mln for sixth FCA fund
Nashville, Tennessee-based Clayton Associates announced it is seeking to raise $75 million for FCA Venture Partners VI. Fund V raised $53 million and closed in 2011, according to Thomson Reuters. FCA, which focuses on early and growth-stage healthcare and tech companies. such as Pathfinder Health Innovations and One Medical Passport, among others. FCA, which counts among its LPs high-net-worth individuals and families along with family offices, regional banks and leading wealth management firms, said the fund will be raised over the next 12 to 18 months. Fund VI will be the firm's first since the passing of founder Clayton McWhorter, who passed away in January at the age of 82. He founded the firm in 1996.
16 March 2016•1 min read
