Seattle-Based Frazier Healthcare Partners Raises $2.3B for 11th Fund

Seattle-based Frazier Healthcare Partners raised $2.3B for its 11th Healthcare Growth Buyout Fund.

Frazier will use the new fund to acquire controlling interests in around 10 middle-market healthcare companies across sectors including pharmaceutical services, hospital outsourcing, and data analytics/AI. It’s a considerable jump from firm’s most recent $1.4B fund and is one of the largest institutional funds raised in Washington state.