Prospect Venture Partners Closes $500M Fund

Prospect Venture Partners PALO ALTO, Calif., July 30 /PRNewswire/ — Prospect Venture Partners, a venture capital firm dedicated to investing in medical technology and life science companies, today announced the closing of its second fund, Prospect Venture Partners II. The oversubscribed fund was closed at $500 million.   The fund’s four Managing Partners are Alex […]

Pension Fund Makes Big Investment in Biotech

Silicon Valley Business Ink Bay Area biotech venture capitalists just got a $235 million shot in the arm from the California Public Employees Retirement System. In June CalPERS unveiled its $500 million California Biotechnology Program, a new venture for the state employees’ pension fund, and recently announced the firms that will receive the first round […]