Ropes & Gray advised Oberland Capital Management LLC on the closing of Oberland Capital Healthcare Fund III LP, a Healthcare Royalty and Credit Opportunities fund. The fund was significantly over-subscribed and held its final closing approximately six months after launch with $1.2 billion in limited partner commitments. Oberland Capital Management LLC is a private investment firm with assets under management in excess of $3 billion. The transaction was announced October 13 in aĀ press release.
The Ropes & Gray team that represented Oberland Capital Management LLC was led by asset management partnerĀ Marc Biamonte. The team also included tax counselĀ Seth Piken, asset management associatesĀ Kayla Duffey,Ā Stanford Law,Ā Danny KoningisorĀ andĀ Abigail Cunningham, tax associatesĀ Eunice Um,Ā Chris Shim,Ā Jordan GoldsteinĀ andĀ Joon Hah, benefits associateĀ Alexa Voskerichian, and corporate paralegalsĀ Max Geckler,Ā Emily EagletonĀ andĀ Samad Khan.