Fund names: Foresite Capital Fund V and Foresite Capital Opportunity Fund V
Amount raised: $968.8 million
Stage of fundraising: Final close
Launch date: November 2019
Final close date: February 2021
Predecessor fund: Foresite Capital Fund IV ($668.1 million)
Foresite Capital has raised a total of $968.8 million across two funds, Foresite Capital Fund V and Foresite Capital Opportunity Fund V. The oversubscribed funds closed at their hard-caps with Foresite Capital Fund V raising $775 million and Foresite Capital Opportunity Fund V raising $193.8 million. Capital raised by the vehicles will be invested in early-to-late stage companies in healthcare and life science sectors across the US.