Twitter LinkedIn
    Thursday, August 18
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Fundraising»Alta Partners Raises $275 Million NextGen Fund III
    Fundraising

    Alta Partners Raises $275 Million NextGen Fund III

    February 21, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Alta Partners, a leading early-stage healthcare investment firm, held the first and final closing of Alta Partners NextGen Fund III, L.P. today. Fund III was oversubscribed and has total capital of $275 million. The Alta team will continue its successful strategy of investing in curative, breakthrough therapeutics and technology-enabled healthcare services.

    Alta Partners raised NextGen Fund I in 2017, and Fund II in 2019. Both funds focused on a concentrated portfolio of companies working with an outstanding group of entrepreneurs to make broad impacts on disease and healthcare delivery. In the four years since Fund I was closed, the portfolio of early-stage companies invested in by the fund have grown into over $19 billion in enterprise value.

    Alta Partners has invested in some of the leading biotech therapeutics companies, including Allakos, VIR Biotechnology, Be Biopharma, and TYRA Biosciences. “Working with Alta on developing TYRA has not only been incredibly helpful, but I wouldn’t have launched the company without them,” said Todd Harris, CEO. “Alta focuses on a small portfolio of companies and goes all-in to help them succeed.”

     

    Read More

    Source: PR Newswire

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Capital Fundraising Investments Venture Capital
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Saudi Arabia’s PIF, Cain invest $900m in hotelier Aman Group

    August 17, 2022

    Thompson Street Capital Partners closes sixth PE fund at over $1.5B in commitments

    August 17, 2022

    Arsenal Capital raises $5.4B for two new funds

    August 16, 2022

    Canada Pension Plan discloses billions in investments

    August 16, 2022

    Comments are closed.

    Other Articles

    Blackstone Group looks to list retail properties REIT valued at over $2 billion: Report

    December 23, 2021

    BlackRock and heylo agree GBP362.5m funding facility for shared ownership homes

    May 25, 2021

    Atlas Venture closes USD450m Fund XIII

    March 4, 2022

    Arsenal Capital raises $5.4B for two new funds

    August 16, 2022

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2022 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?