Ropes & Gray advised NaviMed Capital, a Washington, DC-based private equity firm focused exclusively on the healthcare industry, on the final close of its third fund, NaviMed Partners III. The substantially oversubscribed new fund closed at its hard cap of $450 million of commitments.
With the new fund, NaviMed now manages more than $850 million of capital commitments.
The Ropes & Gray team was led by asset management partner Marc Biamonte and tax partner Adam Greenwood.
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