Noro-Moseley Partners closed its eighth fund, Noro-Moseley Partners VIII, at $180 million. The fund surpassed its target size of $150 million and will invest in growth-stage healthcare technology companies throughout the United States in every region except the West Coast.
Investors in the fund include health plans and health systems, public and sovereign pension plans, family offices, foundations and endowments. Committed capital will be used to make individual investments of $8 million to $10 million in size.
Bright Harbor Advisors was the placement agent for the fund.