December 26, 2005

Two big life sciences exits lets HLM investors score

Category: Uncategorized – Author: mabeena – 5:14 am

According to “Craig M. Douglas
Early-stage investor HLM Venture Partners added some notches to its belt this
month after two of its portfolio companies were acquired for a combined $963
million.

The deals come at a critical juncture for the Boston-based
firm, as its partners are actively marketing their health care and
biotechnology investing prowess to prospective backers in a new $200 million
venture fund. HLM has already closed, or secured, $115 million in commitments
in the new fund and hopes to complete its fund raising early next year.

To read more,visit http://www.bizjournals.com/industries/banking_financial_services/venture_capital/2005/12/26/boston_story7.html

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