ARTICLE | Finance
Westlake aims to strengthen L.A.-area biotech ecosystem with pair of new funds, new immunology launch
Seidenberg, Harper raise second flagship fund, separate vehicle for follow-on investments
December 15, 2020 10:12 AM UTC
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...
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