Deals

Dealmaker Paul Parker Joins Health VC Firm Flagship Pioneering

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Paul Parker, a former mergers and acquisitions banker turned health-care executive, is joining Flagship Pioneering Inc., the investment firm that created Covid-vaccine maker Moderna Inc.

Parker will join Flagship as a managing partner and will be in charge of capital solutions, according to a statement reviewed by Bloomberg News. He’ll oversee fundraising, scout out deal opportunities for the venture capital firm’s portfolio companies, and manage relationships with Flagship’s limited partners and other investors.