Debevoise & Plimpton LLP has advised Oak HC/FT (Oak) in the formation of Oak HC/FT Fund IV, a $1.4 billion U.S. venture fund investing in healthcare and financial services sectors. For more information, please see Oak’s press release.

Oak, a venture capital firm with $3.3 billion in assets under management, focuses on investing in early to growth stage tech-enabled companies in the healthcare and financial services sectors.

The Debevoise team was led by partner Alisa Waxman and included partner Andrew Ahern, associates Colleen Traflet, Ali Nierenberg, Nathan Frost, Daniel Jaret and Michael Pan. Partner Michael Bolotin and associates Samuel Krawiecz and Erasmo Perez advised on tax matters.