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Perceptive Raises $750 Million for New Fund

Joseph Edelman’s biotech-focused firm launched its third credit fund.

Joseph Edelman’s Perceptive Advisors has raised $750 million for its third credit fund, according to a regulatory filing, underscoring the popularity of both the strategy and the red-hot biotech fund manager.The fund, Perceptive Credit Opportunities Fund III, is the third fund in the credit series, deploying the same strategy, according

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