CHICAGO- and Nashville-based PE Shore Capital Partners today announced the successful closing of its Healthcare Fund VI and Shore Search Partners Fund II, reporting $850MM in capital commitments across the two funds.
In July, Shore reported closing Shore Capital Food & Beverage Partners Fund III, bringing the firm's total capital raised in 2025 to nearly $1.3BN.
The firm, which focuses on the lower-middle market, now reports more than $14BN AUM, up from 2019's approximately $1BN AUM mark.
Justin Ishbia, Shore's founder and managing partner, said in today's release, in part, "With three new funds closed this year, we continue to build on the depth and specialization that guide our investment approach. We remain focused on partnership, providing capital, strategic resources, and a culture of support that helps lower-middle market management teams grow faster with less risk."
Building from nearly a decade ago, the strength and impact of Shore initiatives on the Nashville region's venture sector has possibly been unique. VNC coverage here.
Healthcare Fund VI closed with more than $625MM in capital commitments.
It is focused on investing in microcap healthcare partnerships with strong operators, innovative businesses, and revenues between $5MM-$200MM across key subsectors.
Search Fund II closed with almost $225MM in capital commitments. Its Search model entails "equipping talented entrepreneurs with learnings from over 1,000 microcap partnerships and providing the tools, mentorship, and partnership to lead and grow successful companies.”
Shore also noted in its release, "To support the scale of its platform and maintain its disciplined investment approach, Shore has expanded its leadership team and bolstered its talent base over the past year, promoting more than 40 team members – including 15 on the senior investment team – and welcoming more than 50 new colleagues."
Kirkland & Ellis LLP served as legal advisor to Shore for the fundraising efforts. Shore did not use a placement agent.
Today's full Shore press release is here. VNC
.last edited 1707 14 October 2025