Roderick Wong. RTW Investments

Float­ing in stormy seas, RTW seeks $350M for new Lon­don-list­ed ven­ture fund

Swim­ming against some tur­bu­lent wa­ters in the UK pub­lic mar­kets, RTW In­vest­ments has out­lined a plan to raise $350 mil­lion by list­ing a ven­ture fund on the Lon­don Stock Ex­change.

New York-based RTW counts six seed as­sets and $145.5 mil­lion in net as­set val­ue in the new fund, hav­ing re­cent­ly raised $118 mil­lion from 92 pri­vate in­vestors. Rod­er­ick Wong, man­ag­ing part­ner and chief in­vest­ment of­fi­cer, con­tributed $25 mil­lion of his own mon­ey.

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