Lightstone closes $50M Singapore fund

Healthcare VC firm Lightstone Ventures closed Lightstone Singapore L.P., a $50 million fund that will invest in and create Singapore-based life sciences companies. The fund's investors include Limited Partners Temasek and the EDBI investment arm of the Singapore Economic Development Board.

Kenneth Noonan, a former Lightstone venture partner, will lead Lightstone's Singapore-based fund management subsidiary. ...