RA Capital Management, LP Closes $880 Million Venture
globenewswire.com · 669 words · saved by 1 readers
BOSTON, Oct. 06, 2021 (GLOBE NEWSWIRE) -- RA Capital Management, LP (“RA Capital”) has held a first and final closing of its third venture fund, RA...
October 06, 2021 08:40 ET | Source: RA Capital Management, LP BOSTON, Oct. 06, 2021 (GLOBE NEWSWIRE) -- RA Capital Management, LP (“RA Capital”) has held a first and final closing of its third venture fund, RA Capital Nexus Fund III, L.P. (“Nexus III”). Significantly oversubscribed, Nexus III successfully raised $880 million from existing and new investors, including from a select group of endowments, foundations, hospital systems, and family offices. Similar to its predecessor funds, Nexus III is expected to participate in substantially all investments in private companies made by RA…
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