Omega staying the course with $647M eighth fund

With little change in its strategy despite challenging market conditions, Omega Funds will have $647 million to deploy from its eighth fund, roughly matching the size of its previous $650 million vehicle.

“Our playbook has been the same,” the firm’s Otello Stampacchia told BioCentury. Omega will continue to play in “three buckets: company creation, classic series A/series B, and later-stage,” he said...