Signet closes $137.2M fourth fund

Signet Healthcare Partners (New York, N.Y.) closed its fourth fund at $137.2 million. The firm plans to invest the fund in 10-12 commercial stage companies, primarily in the pharmaceutical and medtech sectors.

The firm named Nikhil Puri and Ashley Friedman general partners. Puri was VP and head of business development in the global established pharmaceutical business of Pfizer Inc. (NYSE:PFE). Friedman was a venture partner at Signet...