Recharge Capital today announced the closure of the first tranche of its Women’s Healthcare Investment Vehicle, backed with funding from investors including Thiel Capital, the Olayan Group, Blue Lion Group, The Al Rashid Family of the Salmira Investment Fund, Shamrock Holdings of the Disney Family, the Ozmen Family of the Sierra Nevada Corporation, Ian Osborne of Hedosophia, Frank Liu of Texas-based Lovett, and others.
This first tranche closure takes a novel private equity structure to align investors with a milestone-driven deployment schedule rather than the typical capital call model, and presents clear multi-year execution plans. The vehicle will serve to optimize thematic-based investments and set the stage for transformative growth in the women’s healthcare industry. Read more.