ARTICLE | Finance

Venturing into debt

Why Perceptive Advisors launched its first debt fund

October 31, 2016 7:00 AM UTC

After two decades of primarily focusing on equity investments, Perceptive Advisors LLC launched its first debt fund last week to expand its reach to healthcare companies that are seeking minimally dilutive financing.

The firm closed the Perceptive Credit Opportunities Fund at $323 million, above its $300 million target. LPs include undisclosed endowments, family offices and institutional investors. ...