Hon Hai commits $15m to Burrage Capital Healthcare Offshore Fund II.
Taiwan-based electronics maker Hon Hai Precision Industry has set up a $15m offshore venture capital fund to invest in healthcare and biotechnology companies.
In a statement reported by MarketWatch, Hon Hai said the fund was called Burrage Capital Healthcare Offshore Fund II.
In April, Christiana Goh Bardon, formerly an analyst at Fidelity Investments’ Pyramis Global Advisors and manager at venture capital firm MPM Capital, launched her maiden healthcare hedge fund, Burrage Capital, according to news provider HFMWeek.
Dr Bardon…
