Avoro Capital Advisors
Fund & Investor Interest: venBio Select Advisor, has become Avoro Capital Advisors
Avoro Capital Advisors

Effective immediately, we have changed the names of the venBio Select Advisor entities. The current SEC registered investment manager, venBio Select Advisor, has become Avoro Capital Advisors, a subsidiary of the holding company, Avoro Capital. The venBio Select Funds are now called Avoro Life Sciences Fund LLC (our Delaware master fund) and Avoro Life Sciences Offshore Fund Ltd. (our Cayman feeder fund), respectively. The genesis of the name Avoro is the combination of the root words “Avo” (support) and “Ro” (progress) from the ancient Persian language, Avestan.  The new name represents our fundamental organizational belief in thoughtful investing to support progress in the healthcare sector.

 

This follows the completion of a strategic transaction with HealthQuest Capital Management, LLC which will provide an opportunity for future growth, development of new products and collaboration with a complementary investment team.