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ICapital raises $517.8M for life-sciences funds
So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?
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Institutional Capital Network Inc.'s iCapital Strategies LLC unit collected $517.8 million across two private equity funds.
PE Premier Blackstone Life Sciences V Onshore Feeder LP raised about $397.0 million from 1,066 investors, while PE Premier Blackstone Life Sciences V Offshore Feeder LP obtained roughly $120.8 million from 259 investors.
Morgan Stanley Smith Barney LLC was the placement agent for the two vehicles.