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Komfie Manalo, Opalesque Asia:

Global investment manager Neuberger Berman and healthcare-focused specialized asset management company Athyrium Capital Management, LP announced the closing of Athyrium Opportunities Fund III, which seeks to make capital investments in commercial-stage healthcare companies. Athyrium Opportunities Fund III closed at approximately $2.025bn. With the new fund, Athyrium Capital now advises more than $3.7bn in committed capital.

In a statement, Neuberger said that the fund's global investor base comprises more than 45 institutions, including public and private pension funds, endowments, foundations and sovereign wealth funds, a number of which also invested in the first Athyrium Opportunities Fund, which closed in March 2013, and Athyrium Opportunities Fund II, which closed in May 2015.

"We are excited by the breadth of investment opportunities that will be available to the Fund in the coming years, as the global healthcare sector continues to undergo dramatic transformation driven by disruptive technologies, new business models, industry consolidation, and shifting regulatory priorities," said Jeff Ferrell, managing partner of Athyrium Capital. ......................

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