Westlake aims to strengthen L.A.-area biotech ecosystem with pair of new funds, new immunology launch

As it prepares to deploy two new funds, Westlake Village BioPartners believes the combination of its capital, its connections and a collaboration with a real estate investor will allow a biotech hub to bloom in greater Los Angeles.

Launched by Beth Seidenberg and Sean Harper, the two-year-old firm said Tuesday it had closed its second flagship fund with $430 million, as well as a separate $70 million vehicle to further support portfolio companies from its initial 2018-vintage fund...