Fifth Street Finance has acquired Healthcare Finance Group from an investment group for $114 million. Based in New York, HFG is a specialty lender that provides asset-backed lending and term loans to the healthcare industry. It finances companies in all sectors of the industry, including hospitals, outpatient and inpatient service providers, pharmacies, laboratories and outsourced service providers. HFG was founded in 2000 as part of a management buyout backed by Morgan Stanley. Greenhill Capital Partners and LLR Partners made a growth equity investment in the company in November 2005. Concurrent with the acquisition, Dan Chapa has been appointed CEO of the company.