– Zenyth Partners, a private equity firm focused on building healthcare services platforms, announced the close of its second flagship fund, Zenyth Partners II, LP, at $375 million in capital commitments.
– Additional capital was raised through a sidecar co-investment vehicle.
– Fund II was oversubscribed, reflecting strong support from both existing and new investors.
– With the close of Fund II, Zenyth now manages approximately $1.5 billion in total assets.
– The Firm’s strategy combines deep sector expertise with a hands-on, partnership-driven approach to scaling healthcare businesses from inception.
– Fund II is actively deploying capital into growth-stage platforms poised for scale and category leadership.
– Zenyth uses a thesis-driven, concentrated portfolio approach, providing each investment with significant time, resources, and strategic guidance.
– Focus areas include implementing strong technology systems, ensuring operational excellence, and improving quality and access in healthcare.
– The Firm works closely with founders, clinicians, and operators to build patient-centric, scalable, and resilienthealthcare organizations.
– Robert Feuer, Founder and Managing Partner: “We are grateful for the trust placed in us by both our longstanding and new limited partners. This support validates our differentiated strategy—combining deep sector expertise with a hands-on approach to building and scaling healthcare businesses from inception.”
– Tim Abbot, Partner: “We believe Zenyth’s deep domain knowledge and operational rigor have always set us apart. We are relentlessly committed to building businesses the right way.”
– Zenyth emphasizes continuous improvement and performance, aiming to create enduring platforms that improve clinical standards and outcomes.
– Investors in Fund II include a mix of financial institutions, insurance companies, university endowments, funds of funds, and family offices.
– The general partner committed approximately 10% of the Fund’s capital.