Oberland Capital Raises $1.05 Billion Healthcare Royalty Fund to Invest in Companies Advancing Products in Late-Stage Clinical Development
May 05, 2020•over 5 years ago
Amount Raised
$1 Billion
Description
Oberland Capital Management LLC ("Oberland Capital") announced the closing of the Oberland Capital Healthcare Solutions Fund and affiliated funds (together, the "Fund" or "Solutions Fund"), with $1.05 billion of capital commitments at the Fund's hard cap. The Solutions Fund will provide capital to biopharmaceutical, diagnostic and medical device companies advancing products in late-stage clinical development or under review by regulatory authorities in exchange for royalties on the products once approved and commercialized.