BioCentury
ARTICLE | Finance

Sign of the New Year

Belgium's Capricorn raises first life science fund; acquiring Quest Management

January 10, 2011 8:00 AM UTC

Capricorn Venture Partners has been busy at the turn of the new year. The firm had a first close on its new Health-tech Fund, its first dedicated life sciences fund, at €42 million ($55.8 million). Capricorn also announced plans to acquire one of its LPs, Quest Management.

Capricorn is targeting a final close of €100-€120 million by year end for the new fund, which will invest in therapeutics, medical devices, medical imaging, diagnostics, research equipment, nutraceuticals and functional foods companies...