Kurma Partners Achieves First Close of New EUR 250 Million Biofund IV

Thursday, 3 October 2024, 00:06

Kurma Partners achieves a significant milestone with the first close of the new EUR 250 million Biofund IV. This robust fund aims to follow Kurma's investment strategy and support 16 to 20 deliberate investments. Investors can look forward to landmark exits and strong financings under this innovative approach.
Manilatimes
Kurma Partners Achieves First Close of New EUR 250 Million Biofund IV

Kurma Partners Achieves First Close of New EUR 250 Million Biofund IV

Kurma Partners has successfully achieved the first close of its new EUR 250 million Biofund IV, marking a pivotal development in their investment strategy. This fund is set to make between 16 to 20 new investments, underscoring Kurma's commitment to the biotech sector.

Investment Strategy Overview

The Biofund IV aims to leverage Kurma's proven investment strategy. This approach focuses on identifying promising opportunities within the industry, ensuring strong returns for investors.

Expected Outcomes

Landmark exits and strong financings are anticipated as Kurma Partners deploys capital from the fund. The expected performance metrics are in alignment with Kurma's historical success in the market.

  • First close total: EUR 140 million
  • Target close: EUR 250 million
  • Investment range: 16 to 20 new opportunities

As Kurma Partners moves forward, the financial community eagerly awaits the impact of this new fund.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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