MPM Forms India Partnership

MPM Capital has formed a partnership with Reliance Life Sciences of India, in order to help grow India's life sciences industry. RLS has become a limited partner in MPM's latest fund, which will allocate a portion of its capital for Indian companies. In addition, MPM will provide office space for a RLS investment professional dedicated to the MPM/RLS partnership, and will explore the potential for a new India-only seed fund.