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Bain's second life sciences fund comes in over $1 billion

Greg Ryan
Bain's second life sciences fund comes in over $1 billion

Bain Capital has unveiled an approximately $1.1 billion life sciences fund, its second targeting the fast-growing industry, a spokesperson for the private equity giant said Wednesday. As a private equity firm, it generally makes later-stage investments than many of the venture capital firms that target the biotech sector.