Wednesday, April 8, 2020

"life science" - Knowledge Bank Results

Biopharma backer VenBio soars past Fund III target to reach $394m final close

Biopharma development investor VenBio Partners has soared past its target for its third life sciences fundraise to close the vehicle on about $394m.

Foresite Capital powers on with fifth fundraise, eyes up to $705m

US venture capital house Foresite Capital has raised more than $278m of commitments for its fifth fundraise targeting the healthcare and life sciences sectors.

NEA raises $3.6bn for latest fund amid partner appointment

New Enterprise Associates has raised $3.6bn for the final close of its 17th venture fund, as it promotes Liza Landsman to general partner.

LSP raises €600m to close ‘Europe’s largest life sciences VC fund’

LSP has closed what it claims is Europe’s largest venture capital fund focused on the life science sector on €600m.

BGF scores 3x return on Vysiion Group exit

BGF has achieved a three times return on its investment in outsourced IT services provider Vysiion Group, through a sale to trade buyer Exponential-e.

Quadria Capital said to wrap up Fund II on $595m

Singapore-based Quadria Capital has reportedly raised $595m for the final close of its second healthcare focused fund.

Blackstone’s Schwarzman amid exec trio collecting $803m in pay, dividends

Blackstone co-founder Steve Schwarzman and two other executives have received $802.6m in compensation and dividends for 2019.

Blackstone’s Baratta, long-touted as Schwarzman’s potential successor, named to board of directors

Blackstone's global head of private equity Joe Baratta has been named to the firm's board of directors after 22 years with the business.

Alaska Permanent Fund reveals alternatives staffing woes amid $1.2bn of new PE activity

The $67bn-managing Alaska Permanent Fund has revealed more than $1.2bn of new private equity fund commitments and direct investments - despite admitting it is struggling with staffing numbers for its alternative assets unit.

Thompson Street taps Fund V for Len the Plumber buyout

Thompson Street Capital Partners has agreed to buy Len the Plumber, a full-service residential plumbing contractor in the Baltimore-Washington metro area and the surrounding regions.

Popular Articles

Airbnb gets $1bn Silver Lake, Sixth Street Partners investment amid coronavirus-based home rentals slump

Airbnb has picked up a $1bn equity and debt investment from private equity house Silver Lake and multi-asset investor Sixth Street Partners as it fights to overcome a massive slump in short-term home renting due to the coronavirus crisis.

Asian private equity deals, M&A activity rebounds after weeks of coronavirus-based decline

Deal activity in the Asia-Pacific region has rebounded following weeks of decline at the hands of the coronavirus pandemic.

HIG sells audio-visual workplace collaboration service AVI-SPL to Marlin Equity Partners

HIG Capital has agreed to sell workplace audio-visual collaboration service provider AVI-SPL to Marlin Equity Partners.

Ex-HIG Capital veteran races to $450m hard cap for debut American Pacific Group fundraise

A new private equity house from former HIG managing director Fraser Preston has raced to a $450m hard cap final close for its debut fund in just a couple of months.

YFM beats target for second buyout fund with £80m final close

YFM Equity Partners has hit an £80m final close for its sophomore buyout fund thanks to a wave of new high net worth and entrepreneurial investors.

Delta Capital Management brings in Olearnik as Europe head

Litigation and legal finance-focused private equity specialist Delta Capital Partners has brought in Gabriel Olearnik as a managing director to lead its European operations.

Patrimonium eyes ‘upcoming cycle opportunities’ with first close of latest private equity fund

Swiss Patrimonium Asset Management has hit a €100m first close for its latest private equity fund, putting it halfway to its goal.

Riverside backs ILS amid ‘critical need’ for homecare aids due to coronavirus

The Riverside Company has invested in mobility and homecare product business Independent Living Specialists amid a "critical need" for home health aids due to the coronavirus crisis.

Warburg Pincus leads $80m round for NHS data privacy software provider Privitar

Data privacy platform Privitar has picked up an $80m Series C round led by global private equity house Warburg Pincus.

Core Innovation Capital raises biggest fund to date, $100m goal in sight

FinTech venture capital investor Core Innovation Capital is withing sight of its fundraising goal for its third flagship vehicle after hauling in more than $80m.

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