Venrock raises $400 mln for healthcare fund


New York-based Venrock has raised $400 million for Venrock Healthcare Capital Partners III, the firm’s public and cross-over biotech fund. Venrock raised $200 million for the prior fund in 2014 and $450 million for its eighth main fund in 2016. The cross-over fund is led by Bong Koh and Nimish Shah, according to a regulatory filing.

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