Santé Ventures Raises $260M Fourth Fund
Summary
Santé Ventures, an Austin, Texas- and Boston, MA-based early-stage healthcare and life sciences investment firm, closed its Fund IV, at $260m. Fund IV secured capital commitments from more than two-dozen limited partners, including the Pennsylvania Public School Employees’ Retirement System (“PSERS”) and new institutional investors in Asia and Latin America. The new vehcile fund will make strategic investments across early-stage Biotech, Healthtech, and Medtech companies. The fund will build a portfolio of 15-25 investments in innovative companies with the potential to deliver better health outcomes at lower cost. Founded in 2006, Santé Ventures is a specialized healthcare and life sciences investment firm with nearly $1BN in capital under management.