OSF Ventures, OSF Healthcare's corporate venturing unit, has backed healthcare-focused VC firm LRVHealth's fourth fund, which had set a $100m target for close.

Healthcare provider OSF Healthcare has committed an undisclosed amount of capital to a fund managed by US-based venture capital firm LRVHealth through its corporate venturing unit, OSF Ventures.

The corporate is now a limited partner in LRVHealth’s fourth investment fund. LRV IV had targeted a $100m close in January 2018, and the firm said at the time it had secured eight national healthcare systems as partners for the vehicle.

LRVHealth invests in early-stage developers of healthcare IT, services, devices, diagnostics…