BioCentury
ARTICLE | Finance

Fast out of gate

Early exits from first fund bring investors back for more in Ysios BioFund II

March 31, 2014 7:00 AM UTC

A few early wins in Ysios Capital's 2008 vintage venture fund have existing LPs looking to make bigger contributions to the firm's second fund. The Spanish firm hopes to repeat the success of Ysios BioFund I by investing in a few near-exit opportunities early in the lifetime of the new fund.

The firm is fundraising for Ysios BioFund II. The target is €100 million ($138 million), which is about a 45% increase from the Ysios BioFund I that closed at €69 million ($98.8 million) in 2008...