5AM Ventures Raises $200 Million

5AM Ventures, a bi-coastal venture capital firm focused on early-stage life sciences companies, has raised $200 million for its third fund. The firm also has added Jenny Lee as vice president of finance. She previously was CFO for Global Catalyst Partners.

PRESS RELEASE

5AM Venture Management, LLC of Menlo Park, CA and Waltham, MA is pleased to announce the closing of 5AM Ventures III, L.P., a $200 million venture capital fund focused on early‐stage life science companies.

The capital was raised from a broad range of current and new institutional investors including endowments, family offices, foundations, funds‐of‐funds and pension funds.

Formed by successful industry executives and experienced venture capitalists, the 5AM team takes a focused, hands‐on approach to company building. 5AM portfolios are well diversified, including spinouts from established life science companies, innovative platform technologies and companies developing near‐term products. 5AM will continue to focus on early‐stage life science companies with the majority of the investments being made in the discovery and development of novel therapeutics. A meaningful portion of the fund will also be invested in companies developing diagnostics, materials, medical devices and reagents.

5AM’s investment team consists of Managing Partners John Diekman, Ph.D., Scott Rocklage, Ph.D., and Andy Schwab; Venture Partners Mason Freeman, M.D., Richard Ulevitch, Ph.D. and Jim Young, Ph.D.; Principals Mark Colella, Kevin Forrest, Ph.D. and Andrew McMillan, Ph.D. and Associate Jennifer Ma, Ph.D. 5AM’s Finance & Administrative team is led by General Counsel & COO Paul Stone, J.D. and Vice President, Finance, Jenny Lee.

About 5AM Ventures
Founded in 2002, 5AM Ventures is focused on actively investing in next‐generation life science companies. With over $400 million under management, 5AM has invested in 27 early‐stage companies and is currently investing 5AM Ventures III, LP. For more information, please visit www.5amventures.com.

Related Posts

1 Comment

  • Awesome! Congrats to everyone at 5AM on this significant milestone and their continued achievements.

Leave a Reply

PEHUB Community

Join the 12501 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

PE HUB News Briefs

RSS Feed Widget

Marketplace

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget