Ascension Ventures, the corporate venturing subsidiary of health system Ascension, closed its fourth fund yesterday at $255m, attracting 13 health systems as limited partners.

The investors are Adventist Health System, Carle Foundation, Catholic Health Initiatives, CentraCare Health, Children’s Medical Center of Dallas, Dignity Health, Inova Health System, Intermountain Healthcare, Mercy, Novant Health, OhioHealth and OSF Healthcare.

The fund, dubbed CHV IV, boosts Ascension Ventures’ total assets under management to more than $800m. The division was set up in 2001 and…

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