China: Panacea Venture closes healthcare fund at US$180.5m

Atlantic-Pacific Capital, one of the largest privately owned global placement agent and advisory firms, has closed Panacea Venture Healthcare Fund I with US$180.5m of capital commitments. The fund was significantly oversubscribed on its target of US$150m. The fund is looking for significant capital appreciation through the acquisition of privately secured and negotiated early-stage equity investments…

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