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Today: November 14, 2024
May 13, 2024
1 min read

Iconiq Growth secures $52bn, brings on ex-J&J CEO

TLDR:

  • Iconiq Growth has raised $5.2 billion in funds.
  • Former J&J CEO, Alex Gorsky, has been hired as a general partner.

After raising $5.2 billion in funds, Iconiq Growth has made a significant hire by bringing on former Johnson & Johnson CEO, Alex Gorsky, as a general partner. This move is expected to bring valuable expertise and experience to the growth investing firm. In recent years, Iconiq Growth has been actively expanding its team and portfolio, and the addition of Gorsky is seen as a strategic move to further strengthen their position in the market.

Gorsky’s background in healthcare and leadership roles at a major corporation like J&J will likely bring a unique perspective to Iconiq Growth’s investment strategy. His experience in leading a global company and navigating complex regulatory environments could prove to be invaluable in identifying and nurturing successful growth opportunities.

Overall, Iconiq Growth’s latest hire demonstrates their commitment to growth and innovation in the venture capital space. With their recent fundraising success and the addition of Gorsky to their team, the firm is well-positioned to capitalize on emerging trends and deliver strong returns for their investors.

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