Zenyth Partners, a private equity firm focused on building leading healthcare services platforms, announced the closing of its second flagship fund, Zenyth Partners II, with aggregate capital commitments of $375 million, supplemented by additional capital commitments raised through a sidecar co-investment vehicle. And Fund II was oversubscribed due to strong support from existing and new investors, bringing the firm’s total assets under management to about $1.5 billion.
Fund II is deploying capital into initial platform investments focused on growth-stage companies poised for scalability and leadership. Zenyth employs a selective, thesis-driven portfolio approach, dedicating significant resources and strategic guidance to each investment.
The firm collaborates closely with founders, clinicians, and operators to create patient-centric, scalable, and resilient healthcare organizations. Zenyth emphasizes continuous improvement to establish enduring platforms that enhance clinical standards and improve patient outcomes.
Fund II received commitments from existing investors and select new limited partners, resulting in a diverse investor base that includes financial institutions, insurance companies, university endowments, and family offices. The general partner committed about 10% of the fund’s capital.
Support: Lazard served as placement agent for Fund II, and Kirkland & Ellis LLP served as counsel.
KEY QUOTES:
“We are grateful for the trust placed in us by both our longstanding and new limited partners. This support validates our differentiated strategy—combining deep sector expertise with a hands-on approach to building and scaling healthcare businesses from inception. We’ve built a culture of ownership and true partnership at Zenyth, which transcends everything we do, and we look forward to continue building innovative, forward-thinking organizations in our markets.”
Rob Feuer, Zenyth’s Founder and Managing Partner
“We believe Zenyth’s deep domain knowledge and operational rigor have always set us apart. We are relentlessly committed to building businesses the right way—by implementing strong technology systems, driving operational excellence, and, most importantly, enabling greater quality and access. We believe these are the foundational pillars of long-term value creation.”
Tim Abbot, Partner at Zenyth
