Legend Capital announced on May 18 that the firm has closed LC Healthcare Continued Fund I, L.P., having raised US$270 million for a secondary transaction that involves healthcare portfolios of two older vintage funds. The deal was co-led by accounts managed by Hamilton Lane and Coller Capital, advised by Ropes & Gray, with participation from other institutional investors.
The Ropes & Gray team was led by asset management partner and institutional investors team co-leader Isabel Dische, and included asset management partner Vince Ip, tax partner Dan Kolb, and asset management associates Christian Vareika and Billy Zhang.
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