Monday, April 14, 2014
Deerfield Management launched its third crossover fund with $1.6 billion
from LPs willing to let the firm deploy the cash however it sees fit among
public and private, early and late-stage healthcare companies.
Deerfield Private Design III is
the firm's largest fund, up from $500 million for DPD I in 2007 and $1 billion
for DPD II in 2010.