Ferrer Freeman Suspends Fundraising, Firm in Flux
Healthcare-focused buyout firm Ferrer Freeman & Co. has indefinitely efforts to raise its fourth fund, after more than a year of trying. It plans to concentrate on generating liquidity from its existing portfolio, and may return to market in six to twelve months if successful. “Their effort to raise a new fund had not gone positively,” one source said. If Ferrer does return to market, there is a chance that the senior investment team may look different, although we have not been able to nail down specifics. If it doesn't fundraise -- or again proves unsuccessful -- the firm could head into wind-down mode.
12 July 2010•2 mins read
