HealthCare Royalty Partners raises $1.83bn

The American manager closes its fourth flagship fund.

  • Fund name: HealthCare Royalty Partners IV
  • Amount raised: $1.83
  • Stage of fundraising: Final close
  • Final close date: January 2020
  • Time on the road: 14 months
  • Predecessor fund: HealthCare Royalty Partners III

HealthCare Royalty Partners held a final close of HealthCare Royalty Partners IV on $1.83 billion. A target size was not disclosed. The firm’s prior flagship fund, HealthCare Royalty Partners III, closed on $1.5 billion in October 2014 after targeting $850 million.