Deerfield raises $2.4bn for medical debt fund

The investment firm specialising in healthcare companies nearly hit its $2.5bn fundraising target. 

Deerfield Management has raised $2.4 billion for its Deerfield Private Design Fund IV from over 200 investors, nearly reaching its original $2.5 billion target, according to a US Securities and Exchange Commission filing.

The New York-based firm’s latest fund will target royalty financing opportunities in healthcare sectors in North America.

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