BioCentury
ARTICLE | Finance

Opportunity sizing

Why Athyrium and Neuberger scaled up their third fund

December 2, 2017 12:06 AM UTC

With strong support from existing and new LPs and an attractively priced healthcare sector to play in, Athyrium Capital Management and Neuberger Berman went big for their third co-managed fund.

Athyrium Opportunities Fund III clocked in at just over $2 billion, nearly 1.7x the size of its predecessor’s $1.2 billion haul and a fourfold increase from the initial $507 million fund...