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Alternative Assets  + Private Equity  | 
Nautic Sails Through Target for Largest Fund to Date

Nautic Sails Through Target for Largest Fund to Date

Nautic Partners LLC, a healthcare, industrials and services-focused middle-market private equity firm closed Nautic Partners XI at its hard cap of $4.5 billion. The fund was oversubscribed and surpassed its target of $3.75 billion; it is the firm’s largest fund to date. The fund includes investors across North, Central and South America, Europe, Asia and the Middle East.

Nautic closed its previous fund, Nautic Partners X, in 2021 with $3 billion in limited partner capital.

“We believe our success and growth is due to our ability to consistently execute our investment strategy while maintaining our culture,” said Scott Hilinski, managing director at Nautic.

The Providence, RI-based firm has completed over 155 platform transactions and has managed more than $9.5 billion in assets since inception in 1986. Nautic will continue to be led by its dozen managing directors

Evercore Private Funds Group acted as Nautic’s exclusive global placement agent, and Kirkland & Ellis LLP served as fund counsel.

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Nautic Partners, LLC

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.