# HealthCare Royalty: portfolio, investments and team > HealthCare Royalty is an investment firm based in United States. 2 investments on record, 2 in the last 12 months, latest Jul 2026. Source: https://millionrounds.com/fund/healthcare-royalty (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # HealthCare Royalty Last cheque observed Jul 2026; 2 cheques on record. Deploying now Investment firm Growth Deploying now **100%** of best year **2** **cheques in 12 months**, 2 on record Since the last cheque **117** days **00** hrs **00** min **00** sec Median round **$553M** Rounds led **0 of 2** Pitch HealthCare Royalty ## HealthCare Royalty highlights - 01 2 cheques in the last 12 months - 02 Mostly Debt: 100% of its rounds ## What they do - **Type:** Investment firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Growth - **Based in:** NEW YORK, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **2 appearances** - **2026** 2 rounds - **Jul** **[BridgeBio](https://millionrounds.com/company/bridgebio)** US · Firms' own news pages **$1.0B** With 4 others - **Jul** **[Spero Therapeutics](https://millionrounds.com/company/spero-therapeutics)** Debt · US · HealthCare Royalty **$105M** With 3 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$3.8B** assets it manages Oct 2026 **Registered** investment adviser full reporting to the SEC - **Legal name:** Healthcare Royalty Management, LLC - **SEC number:** CRD 169355 ## The cheque Growth Median round joined **$553M** the round, not its cheque Led 0 of 2 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Jul 2026 Rounds by stage said on their site - Debt *1* - Growth said *-* Cheques by month Led Joined Nov 2023 Oct 2026 **Pitching HealthCare Royalty?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies HealthCare Royalty put money into. [**BridgeBio** $1.0B · Jul 2026](https://millionrounds.com/company/bridgebio)[**Spero Therapeutics** $105M · Jul 2026](https://millionrounds.com/company/spero-therapeutics) ## Quick answers about HealthCare Royalty ### What does HealthCare Royalty invest in? HealthCare Royalty invests most often at Debt (100% of the rounds on record). ### How active is HealthCare Royalty? 2 investments on record, 2 of them in the last 12 months. The most recent was in Jul 2026. ### What has HealthCare Royalty invested in recently? Its most recent investments on record: BridgeBio (Undisclosed round, Jul 2026) and Spero Therapeutics (Debt, Jul 2026). ### How big are HealthCare Royalty's cheques? The median round it joins is $553M. ### Is HealthCare Royalty investing now? Yes: it is actively investing, with 2 investments in the last 12 months. ### What kind of investor is HealthCare Royalty? HealthCare Royalty is an investment firm based in NEW YORK, United States. ### How much does HealthCare Royalty manage? About $3.8B, as regulatory assets under management (Oct 2026). ### When was HealthCare Royalty founded? HealthCare Royalty was founded in 2007. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=healthcare-royalty) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=healthcare-royalty)