US-based life sciences investment firm Foresite Capital has closed a $668m fund that included several unnamed university endowments among the limited partners.
The investors in Fund IV also included pension funds, insurance providers and foundations, though none of them have been identified. Foresite noted that the limited partners are a mix of new and existing backers.
Foresite Capital, founded in 2011, now has $2bn of assets under management. The firm focuses on private and public healthcare companies, targeting areas such…
