Arboretum Ventures to Raise $215M Venture Capital Fund

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According to a filing with the SEC, Arboretum Ventures, an Ann Arbor, Mich.-based venture capital firm specializing in the healthcare sector, has started the raised of a $215m fund.Led by Managing Directors Jan Garfinkle, Timothy Petersen and Paul McCreadie, the new fund is named Arboretum Ventures IV, L.P.Founded in 2002, the firm currently has invested in more than 30 companies, six of which have exited with an aggregate valuation of approximately $3.5 billion.Arboretum invests throughout the United States with a preference for Midwest opportunities targeting companies that can meaningfully reduce healthcare costs in such areas of expertise as devices, diagnostics, services, and IT.FinSMEs 22/06/2015

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