HealthCare Royalty Partners raises $1.83bn

• 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.