Perceptive Set to Launch New Credit Fund

The healthcare and life sciences specialist believes that market conditions make this a good time to raise money for the strategy.

 Asim Hafeez/Bloomberg

Asim Hafeez/Bloomberg

According to a regulatory filing, Perceptive Advisors is seeking capital for Perceptive Credit Opportunities Fund IV and an offshore equivalent. The firm is targeting $1.25 billion, according to an investor.

Perceptive, which is headed by Joseph Edelman, declined to comment.

As the Roman numeral suggests, this is Perceptive’s fourth dedicated credit fund.

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