Healthcare Buyout Firm Raises Maiden Fund

Jul 30 2008 | 6:58am ET

Cowen Healthcare Royalty Partners and Cowen Group have closed their first healthcare buyout fund with capital commitments in excess of $500 million.

Cowen Healthcare Royalty Partners will invest in commercial and near-commercial stage healthcare products and companies worldwide, targeting investments of between $20 million and $100 million across a diversified portfolio of products and therapeutic areas.

In addition to an anchor commitment from the Cowen Group, the fund's limited partners include public and corporate pension funds, financial institutions, insurance companies, funds of funds and university endowments.

The Cowen Group, through its operating subsidiaries, provides investment banking, equity research, sales and trading, asset management and alternative asset management services.


In Depth

Dillon Eustace: The Advantages of ICAVs

Feb 11 2016 | 7:51pm ET

As the growth of alternative investment vehicles continues, global asset managers...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedging Against Reputational Risk in the 21st Century

Feb 12 2016 | 7:18pm ET

For investors, the first step in researching a new fund or manager is to google...