Healthcare firm Linden closes fourth fund at $1.5B

Healthcare private equity firm Linden Capital (Chicago, Ill.) closed its Linden Capital Partners IV fund at $1.5 billion, exceeding its $1.3 billion target.

The firm invests in middle market platforms in the medical products, specialty distribution, pharmaceutical and service sectors of healthcare and focuses exclusively on leveraged buyouts. Its current portfolio includes diagnostics supply company SeraCare Life Sciences Inc. (Milford, Mass.)...