Fundraisers

Leerink Revelation Partners raises $227 million

The San Francisco-based firm will make secondary investments in late-stage healthcare companies.

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Leerink Revelation Partners held a final close on its second flagship vehicle, Leerink Revelation Healthcare Fund II, at a hard cap of $227 million.

The fund, which was oversubscribed and surpassed its $200 million initial target, will make secondary investments in late-stage healthcare companies, providing liquidity solutions to firms and investors.

The San Francisco-based firm’s debut secondaries fund, Leerink Revelation Healthcare Fund I, closed on $192 million in 2015.