Table of Contents,2,HEALTHCARE INVESTMENTS AND EXITS | ANNUAL REPORT 2021,Innovation Drives Strong Healthcare Investment A strong IPO environment, plus an upswing in private M Large Private M one in R DPI is defined as the ratio of the money a VC fund has returned to limited partners divided by the total amount of capital investedto date. *Notable venture funds based on largest estimated allocation to healthcare. SPAC stands for special purpose acquisition company. US Healthcare Venture Capital
