Psilos Group Managers is seeking to raise $400 million venture capital fund, Private Equity Hub reports. The venture capital firm, which held a first close of its fund in December of about $50 million, is targeting $450 million for its fund IV. In 2007, the firm’s third fund Psilos Group Partners III raised $303 million. The company, which currently has $585 million under management, invests in healthcare services, healthcare information technology and medical technology.
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