BioCentury
ARTICLE | Finance

Third Rock’s wellspring

Why Third Rock thinks it can generate returns regardless of market conditions

November 4, 2016 6:54 PM UTC

By sticking to its script of forming early stage big idea companies, Third Rock Ventures raised a $616 million fund in a matter of months and believes its company-building efforts will be rewarded regardless of market conditions.

The firm closed its fourth fund on Oct. 31, exceeding its $600 million target. ...