BioCentury
ARTICLE | Finance

Risk-sharing at scale

Blackstone acquires Clarus to scale up risk-sharing life science investments

October 5, 2018 11:05 PM UTC

By operating under the Blackstone umbrella, Clarus Ventures will be able to significantly scale up its risk-sharing investment strategy.

On Oct. 4, private equity firm Blackstone announced plans to acquire Clarus for undisclosed terms. Clarus co-founder and Managing Director Nick Galakatos will lead the new unit, Blackstone Life Sciences. ...