BioCentury
ARTICLE | Finance

Pillars of strength

The Column Group looks to make bigger, but fewer, bets with its new fund

May 2, 2016 7:00 AM UTC

The Column Group plans to invest its biggest fund yet in fewer companies. The goal is to infuse enough capital into platform-based newcos that they can turn a blind eye to the capital markets.

At $535 million, fund three dwarfs TCG's prior funds. TCG closed its first fund at $260 million in 2008 and its second at $322 million in 2014...