GHO Capital Partners raises €975m

The London-based investment firm closed its second growth healthcare fund above its target.

GHO Capital Partners held a final closing of GHO Capital II at €975 million ($1.08 billion). The vehicle surpasses its €800 million ($885.96 million) target and exceeds capital raised by its predecessor, GHO Capital I, which closed in November 2016 at €660 million ($730.92 million).

Capital from Fund II will be used to invest in early-stage healthcare companies throughout Europe within the outsourced services, medtech and pharma sub-sectors. The London healthcare firm now manages €2 billion ($2.21 billion) in assets.