Aspire, Penn Medicine team up on $300M fund with built-in accelerators

Private equity firm Aspire Universal and Penn Medicine Lancaster General Health (LG Health, the community hospital portion of the University of Pennsylvania Health System) have partnered to create a new $300 million fund called the Aspire Ventures Precision Medicine Fund. Each is contributing $15 million to the fund and Aspire is in the process of raising the remainder.

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