The Biomedical Translation Fund will be run by OneVentures, Brandon Capital and BioScience Managers.
KKR is close to selling capsule maker Capsugel to Swiss drug maker Lonza for more than $5bn.
The firm has invested capital from Apax IX, the $9 billion vehicle it is raising, to buy out Apax France and majority owner Nordic Capital.
Growth equity investor General Atlantic promoted Aaron Goldman and Shantanu Rastogi to managing director and Erin Chang to principal.
US mid-market private equity firm Waud Capital Partners has appointed healthcare specialist David Bellaire as an operating partner.
US life science investor Gurnet Point Capital, the $2 billion fund established by Switzerland’s Bertarelli family, has backed employee health care provider Crossover Health.
Fazle Husain, who joins from Metalmark Capital, will lead the firm’s effort to break into the US healthcare market.
Apollo-backed RCCH Health Partners is closing on the $109 million acquisition of Idaho’s St Joseph Regional Medical Center and Washington state’s Lourdes Health.
Oaktree Capital Management and MTS Health Investors have sold Secura Home Health after a 10-year hold period.
The investment bank’s private equity unit may syndicate the deal on the €963m Duke Street Capital Fund VI, which owned Oasis Dental Care, Secondaries Investor has learned.