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Private placement for $500 million
| Companies: |
Orbimed Advisors |
|---|---|
| Announcement date: | Feb 27 2013 |
| Value, US$m: | 500 : sum of private equity fund |
Details
| Announcement date: | Feb 27 2013 |
|---|---|
| Type: |
Private placement
|
| Industry sectors: |
Financial
|
Financials
| Value, US$m: | 500 : sum of private equity fund |
|---|
Termsheet
OrbiMed Advisors is raising $500 million for its second Asia healthcare private equity fund, which will be invested mainly in China and India.
Press Release
OrbiMed Raising $500 Million for Asia Healthcare Fund
February 27, 2013 -- OrbiMed Advisors is raising $500 million for its second Asia healthcare private equity fund, which will be invested mainly in China and India. That’s up from $300 million rumored as recently as last fall. The company expects to close Asia Partners II later this year, just about the time it will have its $188 million Asia Partners I fund fully invested. OrbiMed, headquartered in the US, specializes in healthcare investments around the globe.
Filing Data
Not available.
Contract
Not available.