Galen Partners closes $250M healthcare fund

Galen Partners, a Stamford, Conn., private-equity firm that concentrates solely on the healthcare industry, closed a $250 million fund, its fifth. The fund will focus on healthcare IT, medical devices and specialty pharmaceuticals.

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About the Author, David P. Hamilton

David Hamilton has been writing for VentureBeat LifeScience since April 2007. He formerly spent 14 years as a reporter for the Wall Street Journal in its San Francisco and Tokyo bureaus. Prior to that, he spent several years as a reporter at Science Magazine and as a reporter/researcher for the New Republic, both in Washington.