Deerfield Management Company raises $840m

The Healthcare venture fund seeks to invest in scientific research primarily for the development of new drugs.

  • Fund name: The Deerfield Healthcare Innovations Fund ll
  • Amount raised: $840 million
  • Stage of fundraising: Final close
  • Final close date: April 2020
  • Predecessor fund: The Deerfield Healthcare Innovations Fund l

Deerfield Management Company has held a final close of The Deerfield Healthcare Innovations Fund ll at $840 million. The fund aims to work alongside leading academic research institutes to seed research in healthcare science.