PRINT THIS PAGE US Galen Partners closes fourth fund on $250m11/08/2004. Source: AltAssets. 
 US healthcare investor Galen Partners has closed its fourth fund on $250m. Investors in the fund include Verizon Asset Management, the Public Employee Retirement System of Idaho, GE Equity, HarbourVest and Daimler Chrysler.
Galen provides expansion-stage capital to healthcare companies with between $10m and $50m in annual revenues. The firm has already made a number of investments from its new fund including medical imaging company ONI Medical systems; Chamberlin Edmonds & Associates, a provider of specialist patient-eligibility and cost covering services; and Lumenos, which helps employers provide customised plans for employees.
Galen was founded in 1990 by William Grant and John Wilkerson. The firm's four other GPs are Srini Conjeevatam, David Jahns, Zubeen Shroff and Bruce Weeson.
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