Ascension Health Ventures Closes on $225 Million Venture Fund

The venture capital arm of St. Louis-based health-care provider Ascension Health Alliance has closed its third venture capital fund at $225 million.

The fund, CHV III L.P, will be used to invest in early- to later-stage healthcare companies in the medical device and technology industries.

Ascension Health Ventures (AHV) has been raising money for CHV III L.P. throughout 2012. In May, the Kansas City Business Journal reported the firm had raised $148 million for the fund.

Read more in the Kansas City Business Journal

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