Oak HCFT Partners raises $600m

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Oak HC/FT Partners has raised $600 million for its Oak HC/FT Partners II, per a SEC filing. The Westport-headquartered firm began fundraising in 2017 with a $500 million target.

Its previous fund raised $500 million in 2014.

The fund will target venture capital opportunities in health IT and diagnostic tools as well as financial technology sectors in North America.