Arboretum Ventures – a healthcare venture capital firm based in Ann Arbor, Michigan – announced the closing of its $268 million sixth fund, exceeding the target fund size. The investors include major health systems, payors, pension funds, endowments, and family offices.
This closing is a major milestone for the firm, which is now in its 21st year of operation with total capital under management now at $1 billionz, Pulse 2.0 reports.
Based in Michigan, Arboretum has a national footprint but has historically deployed about 75% of its investments in “under‐ventured” geographies. Read more.