Private equity firm HealthpointCapital brought in $100 million in the first close of its fourth fund.

Musculoskeletal Fund IV, which targets $500 million, aims to back eight to 10 growth-stage technology and service companies in the orthopedics, spine, dental, maxillofacial, rehabilitation and digital health sectors.

The firm makes middle-market, mature, buyout and growth-capital investments in the musculoskeletal healthcare sector.