Nautic Partners LLC Raises $4.5 billion for Its Eleventh Fund, Nautic Partners XI

– Nautic Partners, LLC is a leading middle-market private equity firm focused on thematic and proactive investments in the Healthcare, Industrials, and Services sectors.

– The final closing of Nautic Partners XI (“Fund XI”) has been announced. Fund XI raised $4.5 billion, oversubscribed at its hard cap, and surpassed the initial target of $3.75 billion. It is Nautic’s largest fund to date.

– Fund XI received strong backing from both long-standing and new institutional investors, with support from North, Central, and South America, Europe, Asia, and the Middle East.

– Scott Hilinski, Managing Director, expressed gratitude to limited partners for their support and emphasized the importance of executing their investment strategy while maintaining company culture.

– Alexander Russ, Senior Managing Director at Evercore noted the substantial demand for Fund XI and highlighted the team’s caliber and differentiated investment strategy.

– The fund is led by 12 Managing Directors with over 170 years of combined private equity investment experience:
Bernard V Buonanno
Christopher Corey
Chris Crosby
Keith Farrow
Habib Gorgi
Mark Perlberg
Chris Pierce
Allan Petersen
Milena Tantcheva
Chris Vinciguerra
Sean M. Wieland
Syed Shahan Zafar
Jim Beakey

– The limited partners of Fund XI include a diverse base, such as public and private pension plans, insurers, health systems, fund of funds, family offices, financial institutions, endowments, and foundations.

– Nautic closed its previous fund, Nautic Partners X, in 2021 with $3.0 billion of committed capital.

– Evercore Private Funds Group served as Nautic’s exclusive global placement agent, while Kirkland & Ellis acted as fund counsel.