QuestMark Holds First Close

QuestMark Partners today will hold a $260 million first close on its third fund, according to VentureWire. A final close on $300 million in planned for the end of June. The Baltimore, Md.-based firm focuses on expansion-stage and late-stage opportunities in the healthcare and technology spaces. It raised $233 million for its second fund in 2003. www.questm.com