VSS Capital Partners (VSS), a private investment firm that targets the healthcare, education, and business services industries, has held a final close for its VSS Structured Capital Fund IV (VSS SC IV) at $530 million, exceeding its target of $400 million. The fund received strong support from existing as well as new institutional investors, including insurers, pensions, asset managers, foundations, endowments and select family offices.
“The current inflationary and recession-prone market environment bodes particularly well for structured capital funds, given the dilutive nature of many equity-only solutions that become less attractive in recessionary environments,” said Jeffrey Stevenson, managing partner of VSS. “Coupled with our differentiated sector focus, decades of experience and strong industry relationships, we are confident about the opportunities that lay ahead to deploy capital for this fund.”
VSS’s Structured Capital strategy provides a combinat
