CREDIT OPPORTUNITIES
Perceptive Advisors established our Credit Opportunities strategy with the launch of our first closed-end fund in 2014. We currently manage approximately $3.5 billion of capital dedicated to private credit and provide customized debt financing solutions to innovative healthcare companies. With an emphasis on investing minimally-dilutive capital across all stages and subsectors, we work closely with management teams to provide flexible capital solutions for companies in the fields of biopharma, medical devices, diagnostics, life sciences research and healthcare information technology. Our highly-experienced team takes a dedicated investment approach that seeks to enable healthcare companies to create and build value through funding incremental R&D, acquisitions and commercial scale-up.
Our Investment Approach:
- Seek to invest $15 – $200 million per investment
- Invests globally in both private-held and public companies
- Values strong management teams with clear strategic goals
- Provides debt as less dilutive growth capital or in place of a crossover financing
- Long-term investor with flexibility and creative solutions that help catalyze value creation
SELECTED RECENT PERCEPTIVE CREDIT OPPORTUNITIES INVESTMENTS
$50mm Senior Debt Facility with Warrants
Minimally dilutive capital to fund pipeline programs for a specialty pharma company
AUGUST 2016
$50mm Senior Debt Facility with Warrants
Debt capital to strengthen the balance sheet and fund biotech R&D programs
JUNE 2018
$20mm Senior Debt Facility with Warrants
Debt capital to enable commercial launch of an innovative medical device
JUNE 2017
$80mm Senior Debt Facility with Warrants
Minimally dilutive capital to fund commercial diagnostic lab operations
NOVEMBER 2017
$45mm Senior Debt Facility with Warrants
Debt capital to fund commercial growth