SkyKnight Capital has held a final closing for its SkyKnight Capital Fund IV, with $1 billion in commitments from endowments, foundations, pensions, family offices and institutional investors. Fund IV exceeded its target and was significantly oversubscribed, with strong support from a diversified base of returning and new limited partners.
“Fund IV will aim to invest in approximately 10 platform companies where SkyKnight can bring our collaborative, entrepreneurial approach to building industry-defining businesses alongside aligned management and owners,” said Matthew Ebbel, managing partner.
Partner Mara Hunt added, “Fund IV was raised with over 100 percent net retention from existing limited partners, and we also welcomed over 20 new limited partners, representing America’s leading endowments, corporate and state pensions, and private market institutional investors.”
SkyKnight focuses on partnering with high-quality businesses in acyclical growth sec