Global: Vivo Capital raises US$1.3bn for healthcare fund

Healthcare focused investment firm Vivo Capital has raised US$1.3bn for its ninth healthcare fund, according to an SEC filing. The new private equity fund for the Palo Alto-based firm will be its ninth. Formed in 1996 with more than US$3bn under management, Vivo invests in healthcare companies in the US and China. It says that…