Bain’s second life sciences fund comes in over $1 billion

//Bain’s second life sciences fund comes in over $1 billion

Bain’s second life sciences fund comes in over $1 billion

Bain Capital has unveiled an approximately $1.1 billion life sciences fund, its second targeting the fast-growing industry, a spokesperson for the private equity giant said Wednesday. The Boston-based firm secured $900 million in commitments from outside investors for the fund, according to the spokesperson. In addition, it plans to allocate roughly $180 million of its own money, he said. The fundraising tops Boston-based Bain’s first life sciences fund from 2017. For that first version, it raised…

Article by [author-name] (c) Health Care News - Health Care News Headlines | Bizjournals.com - Read full story here.

By | 2019-06-12T20:04:01+00:00 June 12th, 2019|Healthcare|

About the Author: