Linden Capital Partners Is Said to Weigh Sale of Minority Stake

Linden Capital Partners is exploring strategic options including the sale of a minority stake, according to people with knowledge of the matter.

The firm is working with an adviser to solicit interest from potential suitors, said the people, who asked not to be identified discussing confidential information.

A representative for Chicago-based Linden, which has raised more than $7 billion since its 2004 inception, declined to comment.

Linden, founded by Tony Davis and Brian Miller, invests in companies in the health-care industry, including those that focus on services, products and distribution, according to its website.

The firm has backed ...