Debevoise & Plimpton LLP has advised Oak HC/FT (Oak) in the formation of Oak HC/FT Fund V, a $1.94 billion fund investing in healthcare and financial services sectors. For more information, please see the company’s press release.

Oak, a venture capital firm with $5.3 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 investment management partner Alisa Waxman and included associates Colleen Bernaiche, Matthew Loy, Basya Robinson and corporate staff attorney Summer Tinnie, and tax partner Michael Bolotin and associates Samuel Krawiecz and Erasmo Perez. ERISA advice was provided by partner Franklin Mitchell and counsel Douglas Hirn.