Fundraising

Oberland Capital Management raises $1.2bn

The New York-based investment firm has closed its third healthcare royalty and credit opportunities fund.

-

Fund name: Oberland Capital Healthcare III
Amount raised: $1.2 billion
Stage of fundraising: Final close
Final close: October 2022                                                                                            Predecessor Fund: Oberland Capital Healthcare II

Oberland Capital Management has held a final close for its Oberland Capital Healthcare III fund on $1.2 billion.

The fund surpasses its predecessor, Oberland Capital Healthcare II, which closed in September 2018 on $800 million. The fund will invest in the healthcare sector in Europe, North America and the Asia-Pacific region, with a focus on innovative therapeutics, diagnostics and medical devices.

Oberland Capital received commitments from a variety of institutional investors, including endowments, foundations, pension plans and sovereign wealth funds.