Nautic Partners, a leading middle market private equity firm pursuing aggressive thematic investment strategies in the healthcare, industrial and services sectors, announced that it has completed the final closing of Nautic Partners XI. And Fund XI exceeded its $4.5 billion hard cap on limited partner commitments, exceeding its $3.75 billion goal.
Fund XI is Nautic’s largest fund to date, with strong support from long-standing and distinguished new institutional investors across North, Latin America, Europe, Asia and the Middle East.
Nautic will continue to be led by 12 managing directors with more than 170 years of combined private equity investment experience at the firm. Additionally, Fund Base included. Nautic closed its previous fund, Nautic Partners X, in 2021 with $3 billion in committed limited partner capital.
Evercore Private Funds Group acted as exclusive global placement agent for Nautic, and Kirkland & Ellis served as fund advisor.
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“We are humbled and extremely grateful to all of our limited partners for their support of Nautic. Our success and growth is based on our ability to consistently execute on our investment strategy while maintaining our culture. This is made possible not only by our team and management network, but also by our relationships with our limited partners, who have made important contributions to our success over the years. .”
-Scott Hilinski, Managing Director, Nautic
“In this competitive funding market, the significant demand Nautic has received for Fund XI speaks to the caliber of their team and differentiated investment strategy. We are delighted with the successful fundraising and congratulate the entire Nautic team on reaching this important milestone in the company’s history.”
-Alex Russ, Senior Managing Director, Evercore