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Australia's Heal Partners seeks up to $500m for new fund

Investment firm specializes in health care, education and lifestyle sectors

Heal has invested in assets across North America, Australia and Asia.   © Reuters

HANOI -- Heal Partners, an Australia-based growth and follow-on investment firm specializing in the health care, education and lifestyle sectors, has closed its first fund at 200 million Australian dollars ($143 million) and launched a $350 million to $500 million second fund.

Heal Fund I's close doubled its initial target, the investment firm said in a statement.

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