PRINT THIS PAGE US InterWest Partners closes ninth venture fund on $600m14/09/2004. Source: AltAssets. 
 US InterWest Partners has closed its ninth venture capital fund on $600m. The fund will invest in early-stage life sciences and information technology companies.
InteWest invests an average of about $10m to $15m over the course of its involvement with a portfolio company. The firm has a particular focus on drug development, medical devices, healthcare services, healthcare information systems, networking and computing technologies.
Since its inception in 1979, InterWest has invested in more than 200 companies. The firm currently has more than $1.6bn in total capital committed and plans to start investing from the new fund early next year.
Copyright © 2004 AltAssets
|
