DJIA51778.04 316.14
S&P 5007637.76 85.95
NASDAQ26418.30 439.88
Russell 20002874.63 15.82
German DAX25716.71 178.96
FTSE 10010816.14 127.67
CAC 408186.93 46.34
EuroStoxx 506325.25 53.30
Nikkei 22565018.95 882.70
Hang Seng24604.29 -109.49
Shanghai Comp3875.60 -16.00
KOSPI6894.23 178.82
Bloomberg Comm IDX141.42 0.00
WTI Crude-fut98.10 -1.40
Brent Crude-fut100.08 3.45
Natural Gas2.99 -0.01
Gasoline-fut3.19 -0.01
Gold-fut4433.10 51.40
Silver-fut67.21 1.43
Platinum-fut1813.30 35.10
Palladium-fut1326.50 35.50
Copper-fut6.63 0.01
Aluminum-spot3195.00 0.00
Coffee-fut276.50 -0.25
Soybeans-fut1304.50 -15.00
Wheat-fut721.00 -4.75
Bitcoin76059.44 474.16
Ethereum USD2407.85 12.21
Litecoin51.17 -0.06
Dogecoin0.08 0.00
EUR/USD1.1473 -0.0074
USD/JPY155.71 0.66
GBP/USD1.3343 -0.0106
USD/CHF0.8241 0.0045
USD IDX100.29 0.06
US 10-Yr TR4.929 -0.018
GER 10-Yr TR3.484 0.0051
UK 10-Yr TR5.2384 0.0129
JAP 10-Yr TR2.98 0.004
Fed Funds4 0
SOFR3.62 -0.02
High-rise commercial buildings

Sub Markets

Topics

Alternative Assets  + Financial Advisory  | 
BroadOak Expands Life Sciences Investment Platform with $200M Commitment 

BroadOak Expands Life Sciences Investment Platform with $200M Commitment 

BroadOak Capital Partners, a life science–focused investment and advisory firm, has secured over $200 million in new capital commitments from BroadOak principals and longtime strategic partner Research Corporation Technologies (RCT). The additional funding expands the firm’s investing capacity across its growth equity and private credit strategies, enabling it to deploy more capital into innovative companies advancing the life sciences ecosystem. 

The new commitments will be used primarily to invest alongside BroadOak’s existing and future funds, deepening alignment with portfolio companies and limited partners. 

“While we all manage through the current headwinds in the private capital markets, BroadOak can now lean into what we believe is an excellent environment for life sciences investors while also assuring our broader stakeholders of our longevity,” said Bill Snider, Partner at BroadOak. 

Earlier this year, BroadOak achieved several key milestones, including the final close of the BroadOak Income Fund in March 2025. The fund is a private credit vehicle designed to provide flexible financing to mature, credit-constrained life sciences companies. 

The firm also held the initial close of Fund VI in June 2025, continuing its flagship growth capital fund series, focused on tools, diagnostics, and biopharma services that underpin healthcare infrastructure. 

“The industry has been hampered by lower volumes of financings and M&A transactions, but scientific progress hasn’t stopped,” Snider added. “The best vintage years often emerge from the toughest markets.” 

Since inception, BroadOak has invested in more than 75 companies across multiple funds and vehicles and advised on over 50 M&A transactions. 

Connect

Inside The Story

BroadOak Capital Partners

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.