ARTICLE | Financial News

5AM raises nearly $500M for pair of funds

February 13, 2019 5:05 AM UTC

5AM Ventures said it closed its 5AM Opportunities I fund and 5AM Ventures VI fund, raising a total of $497 million.

Opportunities I, 5AM's inaugural co-investment fund, raised $147 million to invest in the firm's existing portfolio companies and exceeded the fund's $125 million target. ...