China's HighLight hits first close on life sciences fund, targets $650m
HighLight Capital, a China-based life sciences investor, has completed a first close of USD 540m on its fourth US dollar-denominated fund. The overall target is USD 650m.
The fund launched in March and the first close came in July, with existing investors accounting for 85% of commitments, Steven Wang, the firm’s founder and CEO, told Mergermarket, AVCJ’s sister publication....
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