Al­ta Part­ners sketch­es plans to raise $200M for its next life sci­ences ven­ture fund

The life sci­ences in­vestors at San Fran­cis­co-based ven­ture firm Al­ta Part­ners plans to raise $200 mil­lion for its next fund.

Al­ta, which is led by man­ag­ing part­ners Bob More and Dan Jan­ney, filed the lat­est up­date on Fund IX with the SEC late last week. While Al­ta set $200 mil­lion as the goal, VCs of­ten en­joy go­ing over self-im­posed lim­its to un­der­score their pop­u­lar­i­ty with in­sti­tu­tion­al in­vestors.

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