Finback Investment Partners has invested in Equality Health, according to a news release.

Equality, based in Phoenix and founded in 2015, is a population health risk management company and provider of value-based physician networks focused on improving care delivery for underserved populations.

Finback, based in Coral Gables, Fla., is a private equity firm targeting investments across the middle market and growth equity. The firm closed on its debut private equity fund in September. It is pursuing investments in verticals including healthcare and several others.

Terms of the investment by Finback in Equality were not disclosed.