BioCentury
ARTICLE | Finance

Full-spectrum investing

How Perceptive's evergreen fund lets it hunt for best valuations

February 29, 2016 8:00 AM UTC

New investment firm Perceptive Bioscience Investments Ltd. is hoping its evergreen structure will give it the flexibility to find attractive valuations anywhere from seed-stage company formation to public equity.

On Feb. 22, Perceptive launched with undisclosed funding from Woodford Investment Management and other institutional investors. The London-based firm, which also has offices in New York, is led by CEO Joe Anderson, who was previously a partner at Abingworth. ...