ARTICLE | Finance
Latest Garabedian-led Perceptive Xontogeny fund to deploy $515M in search of ‘transformational’ assets
New fund 2x the size of debut venture vehicle
May 13, 2021 2:00 AM UTC
Updated on May 15, 2021 at 1:29 AM UTC
At more than 2x the size of the firm’s debut venture fund, Chris Garabedian’s latest Perceptive Xontogeny vehicle will continue to follow in the footsteps of its parent hedge fund as it seeks out “transformational” assets.
Perceptive Advisors on Wednesday announced the close of Xontogeny’s second fund, Perceptive Xontogeny Venture (PXV) Fund II, at $515 million. The close brings Xontogeny’s assets under management (AUM) to $725 million since the firm officially launched less than 18 months ago...