Indiana raises $72 million VC fund

The Indiana Future Fund I raised $72 million for its fund-of-funds life science investment initiative. The fund plans to invest in both regional and national venture capital funds, with a goal of broadening investment in Indiana life science companies and technologies. BioCrossroads - Central Indiana's life sciences organization - helped form the fund, which will be managed by CS First Boston. CSFB anticipates making the initial investments later this year. ...