BOSTON, March 26, 2021 – Proskauer, a leading international law firm, today announced that it advised RiverVest Venture Partners, a St. Louis-based venture capital firm, on the closing of RiverVest Venture Fund V, L.P.

At $275 million, Fund V is RiverVest’s largest fund to date, with commitments from a wide range of institutional investors, as well as family offices and individual investors. The vehicle brings the firm’s total assets under management to more than $1.6 billion. 

RiverVest invests in early-stage biopharma and medical device companies addressing significant unmet medical needs.

The Proskauer team included partners Howard Beber and Jim Poindexter, and senior counsel Adam Scoll.

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