– Shore Capital Partners, a Chicago-based private equity firm with offices in Nashville, closed its sixth Shore Capital Healthcare Partners Fund (Healthcare Fund VI) and second Shore Search Partners Fund (Search Fund II).
– The two funds raised a combined total of approximately $850 million in capital commitments.
– These closings follow the July close of Shore Capital Food & Beverage Partners Fund III (F&B Fund III).
– Total capital raised by Shore in 2025 now exceeds $1.3 billion.
– The firm’s assets under management (AUM) have grown to over $14 billion, up from about $1 billion in 2019.
– To support its expansion, Shore promoted more than 40 team members, including 15 senior investment professionals, and hired over 50 new colleagues in the past year.
– Founder and Managing Partner Justin Ishbia attributed the firm’s success to its sector-focused strategy, team strength, and commitment to lower-middle market partnerships.
– Healthcare Fund VI closed with over $625 million in commitments and is led by Founding Partner Ryan Kelley with Don Pierce and Chris Mioton.
– The fund targets healthcare companies with revenues between $5 million and $200 million, emphasizing collaboration, operational excellence, and shared learning.
– Ryan Kelley noted that Healthcare Fund VI continues Shore’s nearly two-decade focus on microcap healthcare investing and long-term partnerships.
– Search Fund II closed with nearly $225 million in commitments and is led by Partners Michael Aubrey and Cameron Perkins.
– The fund backs experienced executives seeking acquisitions in the traditional search fund range, offering access to Shore’s network, operational expertise, and growth playbook.
– Michael Aubrey highlighted Shore’s mission of empowering entrepreneurs through mentorship and resources drawn from over 1,000 microcap partnerships.
– The funds reflect Shore’s ongoing innovation in the lower-middle market and its commitment to developing future leaders through disciplined execution.
