Health and wellness focused private equity firm Martis Captial announced it has closed its third fund, Martis Partners III, LP with $545 million in capital commitments. It has commitments from a diverse group of both public and private institutional investors.
Martis Partners III, LP (or “Fund III”) will continue the parent firm’s strategy of investing in buyout and growth equity opportunities in mid market startups that provide innovative and cost-effective products and services in IT, health and wellness and services and outsourcing in the North American healthcare sector.
Martis Partners also announced the promotions of Mario Moreno and Owen Davis as Partners of the firm. They will be making investment decisions as part of it’s investment committee.
Also, Vladimir Andonov is been promoted to Director of Business Development.