Login Announcements Sands Capital Closes $560 Million Life Sciences Fund The capital raise will further support innovation in life sciences and the transformation of how diseases are defined, diagnosed, and treated. August 9, 2021 Sands Capital held a first and final closing of its second life sciences-dedicated fund, Sands Capital Life Sciences Pulse Fund II, L.P. (“Pulse II”), raising $560 million. This close increases total Pulse Strategy assets under management to more than $950 million, including Sands Capital Life Sciences Pulse Fund, L.P. (“Pulse I”) and related vehicles. The team will continue investing with the same emphasis on private therapeutics, diagnostics, and life sciences tools businesses. The strategy’s mission is to help transform how diseases are defined, diagnosed, and treated. “We believe the life sciences sector is in the early stages of a scientific and technological revolution that is generating, and will generate for decades to come, tremendous value for patients and society,” said Stephen Zachary, Managing Partner. “We are excited to partner with management teams and companies shaping the future of medicine.” Since launching Pulse I in 2018, the Pulse Strategy has invested in 20 businesses while continuing to build its investment, operations, and client relations teams. The team comprises dedicated partners and analysts with the ability to leverage the resources and capabilities of the entire firm to execute its strategy. As of June 30, 2021, Sands Capital managed over $80 billion in public and private investments and invested more than $9 billion globally in life sciences and health care companies across all strategies, both public and private.1 “We believe the investments we are making as part of our Pulse Strategy will have significant impacts on the entire scientific community for years to come. As former life sciences executives and scientists, we are proud to support the next wave of innovation as an active partner,” said Ian Ratcliffe, Managing Partner. “We are grateful to our incredible existing investors who continue to support us and to the new investors joining us in Pulse II.” 1 Sands Capital operates its business primarily through two affiliates: Sands Capital Management, LLC, which provides investment strategies focused on making investments in leading growth companies in the public markets; and Sands Capital Ventures, LLC, which provides its clients with investment strategies focused on making venture capital and growth equity investments in leading growth companies in the private markets. The Sands Capital entity serving as the investment adviser to Pulse II is Sands Capital Ventures, LLC. Related Articles Announcements Sands Capital Names Ian Ratcliffe to Executive Management Team Ian has been instrumental in the development of the venture and private life sciences investing programs. His selection to the leadership team comes as Sands Capital continues to build its private market capabilities. Learn more Learn more In The News China’s Changing Priorities May Offer Opportunities in Select Businesses Investors may look selectively to businesses supported by China’s emphasis on health and wellness, domestic brands, and higher-value manufacturing. Learn more Learn more Events Identity Intelligence is Critical to Cybersecurity in Ever-More Digital World The pervasiveness of online activities demands new approaches to verifying identities. Learn more Learn more STAY UP TO DATE Perspectives Newsletter Our latest thinking on innovation investing, long-term capital, and culture. United States Canada Afghanistan Albania Algeria American Samoa Andorra Angola Anguilla Antarctica Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil British Indian Ocean Territory British Virgin Islands Brunei Bulgaria Burkina Faso Burundi Cambodia Cameroon Cape Verde Cayman Islands Central African Republic Chad Chile China Christmas Island Cocos (Keeling) Islands Colombia Comoros Congo Cook Islands Costa Rica Croatia Cuba Curaçao Cyprus Czech Republic Côte d’Ivoire Democratic Republic of the Congo Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia French Southern Territories Gabon Gambia Georgia Germany Ghana Gibraltar Greece Greenland Grenada Guadeloupe Guam Guatemala Guernsey Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong S.A.R., China Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macao S.A.R., China Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Moldova Monaco Mongolia Montenegro Montserrat Morocco Mozambique Myanmar Namibia Nauru Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue Norfolk Island North Korea Northern Mariana Islands Norway Oman Pakistan Palau Palestinian Territory Panama Papua New Guinea Paraguay Peru Philippines Pitcairn Poland Portugal Puerto Rico Qatar Romania Russia Rwanda Réunion Saint Barthélemy Saint Helena Saint Kitts and Nevis Saint Lucia Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Slovakia Slovenia Solomon Islands Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor-Leste Togo Tokelau Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Tuvalu U.S. Virgin Islands Uganda Ukraine United Arab Emirates United Kingdom United States Minor Outlying Islands Uruguay Uzbekistan Vanuatu Vatican Venezuela Viet Nam Wallis and Futuna Western Sahara Yemen Zambia Zimbabwe Sands Capital 1000 Wilson Boulevard, Suite 3000 Arlington, Virginia 22209 USA 1.703.562.4000 Contact Us Staff Resources | Careers | Terms & Conditions | Cookies | UCITS Document Library | Disclosures Sands Capital is an active, long-term investor in leading innovative businesses globally. Our approach combines analytical rigor and creative thinking to identify high-quality growth businesses that are creating the future. Through an integrated investment platform spanning venture capital, growth equity and public equity, we provide growth capital solutions to institutions and fund sponsors in more than 40 countries. An independent, staff-owned firm founded in 1992 with offices in the Washington, D.C. area and Singapore, Sands Capital managed more than USD $80 billion in client assets as of September 30, 2021. © 2021 Sands Capital Management. All Rights Reserved. For institutional and professional investors only.