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Essex Woodlands hits $746.3M target for PE fund, parallel vehicle

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Essex Woodlands hits $746.3M target for PE fund, parallel vehicle

Essex Woodlands Management Inc. received about $746.3 million for EW Healthcare Partners Fund 2 LP and a parallel fund, achieving the fundraising target.

The amount raised includes commitments from 17 investors and the general partner.

The investment firm backs companies focused on pharmaceuticals, medical devices, healthcare services and healthcare IT.