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After nearly eight months, negotiations between union Teamsters Local 223 and Douglas County government officials have resulted in a declared impasse, leaving both entities without a formal agreement.
BPEA, a Boston, MA-based private equity firm, closed its BPEA Strategic Healthcare fund, at $352m.
Commitments came from 16 organized labor groups (“Taft-Hartley Investors”) and other institutional investors. BPEA SHC’s Taft-Hartley Investors include the UFCW & Employers Trust, LLC in Northern California, a Taft-Hartley fund with 130,000 health plan participants and an anchor investor in the Fund. Collectively BPEA’s Taft-Hartley Investors represent over 400,000 insured individuals and $1.7B in annual healthcare spend,
The fund – the fourth dedicated healthcare vehicle and tenth fund across the organization – will invest in healthcare services and healthcare information technology companies, including value-oriented primary and specialty care providers and solutions to lower healthcare costs for working families while expanding access to high-quality care.
BPEA Closes BPEA Strategic Healthcare Fund at $352 Million with 16 Taft-Hartley Investors homenewshere.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from homenewshere.com Daily Mail and Mail on Sunday newspapers.