# 120 Capital

120 Capital is a Private Equity based in Boston, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Boston, United States
- **Region:** North America
- **Address:** Boston, MA, United States
- **Assets under management:** $2B +
- **Website:** www.120capital.com

## Regulatory record

- **CRD number:** 319547
- **SEC file number:** 802-124806
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/319547

## About

120 Capital is a Life Science & Healthcare Venture Fund. It reports over $2B in AUM, more than 80 investments, and over 10 years of activity. The firm highlights powerful science, visionary entrepreneurs, and extraordinary companies.

## Sectors

- Life Science
- Healthcare

## People

- Leon Chen — Global Managing Director, CEO
- Hannes Smárason — Senior Managing Director
- Colin Wang — Managing Director

## Questions

### What is known about 120 Capital's investment strategy?

Almost nothing. The firm describes itself as a private equity manager but has not disclosed target sectors, deal stage, check size, or geographic focus through public channels. No portfolio companies have been publicly linked to the firm, and no fund marketing documents or limited-partner disclosures are available for review.

### Who runs investment decisions at 120 Capital?

No principals have been named in the public record. The firm's website and available regulatory filings do not list any founders, managing partners, or investment committee members. This level of anonymity is unusual for an active private equity manager in a major U.S. financial center.

### Does 120 Capital participate in fund commitments or only direct deals?

This is unknown. The firm has not disclosed whether it makes direct equity investments, participates in fund commitments as a limited partner, or operates a hybrid model. No transaction records or regulatory filings clarify its approach to deployment.

### How long has 120 Capital been operating?

The firm's founding year has not been publicly disclosed. Without a date of formation or initial deal activity on the public record, it is not possible to determine whether 120 Capital is a newly established vehicle or a long-standing entity that has operated below the radar.

## Related profiles

- [1200vc](https://altss.com/profile/1200vc)
- [12/12 Ventures](https://altss.com/profile/12-12-ventures)

---

Last updated: 2026-08-11T15:05:57.154Z

Canonical page: https://altss.com/profile/120-capital

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology