OUP has closed an oversubscribed third fund that it expects will invest in 40 to 50 spinouts, primarily originating from 19 core partner institutions.
US-based spinout-focused investment firm Osage University Partners (OUP) closed its third fund at $273m yesterday, breaking through its $250m target set last June.
Osage University Partners III will invest in 40 to 50 spinouts, backing life science and technology companies from the seed to growth stages.
The firm has signed exclusive, long-term contracts with 19 core partners, of which 15 renewed the partnership from previous funds. Universities will typically assign their co-investment rights to OUP and in…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.