ARTICLE | Finance

New Advent

Advent closes early-stage life sciences fund with a five year horizon

December 6, 2010 8:00 AM UTC

Advent Venture Partners has constructed its first dedicated life sciences fund designed to match the requirements of LPs.

The U.K. firm opted to structure the new fund as a life science fund, General Partner Shahzad Malik told Ebb & Flow, because LPs "would rather do their sector allocation themselves than have GPs do that."...