Peloton Equity Closes Fund With $152 Million

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Peloton Equity has announced it has closed its second fund, Peloton Equity II, with about $152 million in limited partner and general partner commitments.

Peloton, based in Greenwich, Conn., is a healthcare-focused private equity firm focused exclusively on growth capital investments across a wide range of healthcare sectors. The firm targets companies with $20 million to $200 million in revenue at investment.

Peloton has thus far completed three investments out of the new fund: ClearSky Health, a provider of inpatient rehabilitation and related post-acute care services to patients in need of intensive care following an acute event; AeroSafe Global, a provider of cold chain packaging and logistics solutions to the pharmaceutical, biopharmaceutical, specialty pharmacy and medical device industries; and Friday Health Plans, a provider of consumer-oriented health plans to individuals and small groups in Colorado, Nevada, New Mexico and Texas.

The firm announced that commitments to Peloton Equity II came from a diverse set of investors, including healthcare organizations, financial institutions, fund of funds, family offices and individuals.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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