Blackstone closes first life-science fund at $4.6bn

(Opalesque) Blackstone Group closed its inaugural life sciences fund, Blackstone Life Sciences V (BXLS V), at its hard cap of $4.6 billion, making it the largest life sciences private fund raised till date. Blackstone Life Sciences (BLS) invests in established life science companies, finances late-stage products, and makes growth investments in emerging life-science companies.

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