Healthcare: SHS Capital closes sixth fund for Euro 270m.
Tübingen — SHS Capital has raised approximately €270 million for its sixth generation of funds. Due to strong demand, the fund’s original target volume of 200 million euros was significantly exceeded and is now more than double that of the predecessor fund. The investment focus of the new SHS VI fund is on growing European healthcare companies.
The new fund is targeting ten to fifteen investments in the form of both majority and minority stakes. The investment amount of the fund is 10 to 40 million euros. Together with LPs and other investors, transaction values of up to 150 million euros can be realized. SHS invests exclusively in companies that are already generating significant sales, are on a growth trajectory and have the goal of becoming European healthcare champions.
Investors in the SHS VI Fund include fund of funds, insurance companies, pension funds, foundations, family offices, banks, healthcare groups, church investors and entrepreneurs. Furthermore, the SHS investment team itself has invested significantly.
“Healthcare is an indispensable sector and therefore offers many exciting opportunities for investment. With us, investors have the opportunity to participate in the development of this growth market. Our track record to date shows that we have been able to generate attractive returns for our investors while helping to improve healthcare through innovation and optimize patient care,” explains Manfred Ulmer-Weber, Managing Partner at SHS.
“The volume of the new fund has significantly exceeded our expectations and confirmed our positioning as the leading private equity healthcare specialist in the German, and thus largest European healthcare market. We are very pleased that many of our existing SHS investors are also invested in our new fund, in some cases with significant increases in subscriptions. In addition, we were able to further internationalize our investor base and expand it to include renowned addresses. We would like to thank our investors for the trust they have placed in us,” says SHS Managing Partner Sascha Alilovic.