BioCentury
ARTICLE | Finance

Skyline's limit

Skyline's retreat shows tough fundraising environment for healthcare VCs

November 5, 2012 8:00 AM UTC

Skyline Ventures isn't talking about its decision to suspend fundraising for a sixth fund, but its performance compared to other healthcare VCs shows just how hard it is to raise money these days.

Skyline has distributed to LPs 129% of the capital drawn down from its 2001 vintage fund. Based on aggregate numbers compiled by Cambridge Associates, the top quartile for that vintage is 82%...