Private Equity
Verily, Alphabet Inc's life sciences division, on Thursday announced a $1 billion investment round led by private equity firm Silver Lake. : (Reuters) - Verily, Alphabet Inc’s (GOOGL.O) life sciences division, on Thursday announced a $1 billion investment round led by private equity firm Silver Lake. Alphabet Chief Financial Officer Ruth Porat and Silver Lake Managing Director Egon Durban will be nominated to Verily’s operating board, the company said. Verily’s existing board members include Chief Executive Andrew Conrad, Alphabet executives Larry Page, Sergey Brin and David Drummond and Temasek senior managing director Fidah Alsagoff, a company spokeswoman said.