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.
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.