5Capital to assist in fundraises for healthcare, biotech and medtech focused venture and private eq.
5Capital, the Chicago-headquartered placement agent in the alternative funds industry, will dedicate resources to raising capital for venture and private equity funds in the healthcare services, bio-pharma, medtech, digital health, diagnostics, and wellness sectors and to assisting institutional investors and family offices allocate across these strategies, over the next 12 months.
During the last two months of the Covid-19 pandemic, it has become clear that there are significant areas of improvement across the healthcare industry in North America, Europe and the emerging markets. Venture and private equity funds covering the healthcare, biotech and medtech sectors, their investee companies and institutional investors are well-positioned to tackle the problems that have become apparent as a result of the Corona crisis.
“We believe that private equity and venture capital funds covering the healthcare sectors will be instrumental in our fight against Covid-19, the new epidemics of the future and ensuring that our healthcare industry and infrastructure is better prepared and managed,” Allan Majotra, Managing Partner of 5Capital, said on Monday. “The post-Covid world will witness an unprecedented attention towards all aspects of human health – promising and sustainable biopharma companies, advanced research and drug development, innovative digital health, cutting-edge medical devices, effective and efficient healthcare services, and a global wellness mindset.”
“Our role as a placement agent and partner to the private equity and venture capital industry will be to help fund managers and institutional investors across all aspects of the healthcare industry and beyond, allocate their capital effectively and efficiently,” added Evan Overcash, Vice President at 5Capital.
About 5Capital Funds Placement
Chicago-headquartered, 5Capital is a leading placement agent that advises on fundraises for best-in-class alternative fund managers and their institutional investors and family offices. Its current and past fund clients have included fund managers, such as, Capital Dynamics, Romspen, Cross Creek, Banc Sabadell (Aurica), Fireside and many others.
5Capital’s team includes professionals with backgrounds from Carlyle, AMP, TIAA-CREF, Capital Group, Morgan Stanley, Mesirow, Generali, Commonwealth Development Corporation, European Investment Fund, Silicon Valley Bank, and UFJ.