Sofinnova Ventures Raises $375 Million

Sofinnova Ventures of San Francisco has closed its seventh fund with $375 million in capital commitments. Returning LPs include Commonfund Capital, CalSTRS, AXA Private Equity, VenCap International, Dow Employees' Pension Plan, Wilshire Associates, Credit Suisse (Germany) and Unigestion. New LPs include the Oregon Public Employees Retirement Fund, Pennsylvania State Employees Retirement Systems, UTIMCO, Liberty Mutual, Adveq, Caisse des Depots et Consignations Paris, the San Francisco City & County Employees' Retirement System and the Searle Charitable Trusts. www.sofinnova.com