Consultants Privacy Policy

Your privacy is important to us.  This Privacy Policy (“Policy”) explains the manner in which Deerfield Management Company, L.P., a Delaware series limited partnership (Series C) (“we,” “our”, “us” or “Deerfield”) collects, uses, maintains, and shares information about the consultants we utilize to support our provision of investment management services to our investors.

Information We Collect

When you agree to work with us as a consultant, we collect the following categories and specific pieces of personal information from the following sources:

Categories of Personal Information Collected Specific  Personal Information Source of Personal Information
Identifiers Your name (including any nickname or alias you have used), postal address, telephone number, mobile number, Internet Protocol address, e-mail address, Social Security number or other similar identification number, bank account number Information available on the internet, including social media sites such as LinkedIn, and information you provide to us in connection with an engagement or potential engagement as a consultant
Inferences Drawn from Other Personal Information Assessment related to your performance as a consultant Impressions we form based on our experience working with you

Use and Disclosure of Information

Deerfield may use the personal information we collect about you for the following purposes:

  • To contact you or otherwise provide you with information or to uphold our responsibilities under our agreement with you.
  • To respond to requests about our investment management services.
  • For internal business purposes, such as auditing, data analytics and research to create, develop, operate, deliver and improve our investment management services.

We may share your personal information in a limited number of circumstances, including:  (i) to third parties with whom Deerfield works to enhance its proprietary research database  it uses in connection with its investment management services or to third parties with whom Deerfield works to assist us in upholding our responsibilities under our agreement with you; (ii) to respond to a subpoena or court order, judicial process or regulatory inquiry; (iii) to protect or defend against fraud, lawsuits, claims or other liabilities; (iv) to protect the security of our systems, or to protect our rights or property; (v) in connection with a proposed or actual sale, merger, or transfer of all or a portion of Deerfield’s business; and (vi) to otherwise assist Deerfield with its research in connection with its offering investment management services.

Your Choices & Rights

Based upon where you reside, certain choices and rights with regards to your personal information may be available to you. Please see below for information on how to contact us to exercise these rights.

Under the General Data Protection Regulation (“GDPR”), residents of the European Economic Area (“EEA”) have the following rights:

  • The right to object to our processing of your personal information.
  • The right to request that your personal information be erased or restricted from further use.
  • The right to request a copy of the personal information we hold about you.
  • The right to correct, amend, or update personal information you have given us.
  • The right to context any automated decisions we made about you.

When handling a data access or correction request, we check the identity of the requesting party to ensure that he or she is the person legally entitled to make such request.  Such requests are provided free of charge, however, a reasonable fee may be applied to cover our administrative costs incurred for requests that are manifestly unfounded, excessive, or repetitive.

Under the California Consumer Privacy Act of 2018, as amended (“CCPA”), residents of the State of California are provided with specific rights regarding the collection and storage of their personal information.

Beginning on January 1, 2021, you have the right to request that we provide to you the following information about our collection and use of your personal information over the past twelve (12) months.  Once your verifiable consumer request has been confirmed, we will disclose to you:

  1. The categories of personal information have collected about you.
  2. The categories of sources for the personal information we have collected about you (e.g., use of cookies, third parties, etc.).
  3. Our business or commercial purpose for collecting or selling that personal information.
  4. The categories of third parties with whom we share or have shared that personal information.
  5. The specific pieces of personal information we have collected about you (also called a data portability request).
  6. If we have not sold or disclosed your personal information for a business purpose, we will disclose this fact.  If we have sold or disclosed your personal information for a business purpose, including direct marketing, we will provide you with a list of disclosures for a business purpose, identifying the personal information categories that each category of recipient obtained.  Under the CCPA, you have the right to know whether your personal information is being sold.  Deerfield does not sell your personal information.

CCPA Deletion Request Rights (as of January 1, 2021)

You have the right to request that we delete any of the personal information collected from you and retained, subject to certain exceptions.  Once your verifiable consumer request is confirmed, we will delete and direct our service providers to delete your personal information from our records.  Your request to delete the personal information collected may be denied if it is necessary for us to retain your information under one or more of the exceptions listed in the CCPA.

Security Measures

Deerfield takes the security of personal information provided to us very seriously and we have implemented commercially reasonable physical, electronic, and procedural safeguards to try to ensure the protection of your personal information.  We only keep your personal information for as long as required to provide you with the services you request, for the purposes outlined in this Policy, and for any legal purpose for which we are obligated to keep the information. We restrict access to your personal information (if any) to those employees who need to know that information to provide investment management services to you and when we no longer need your personal information, we will delete and/or destroy the information per our data destruction policies.

Cross-Border Transfers

Your personal information may be transferred across nation borders and may be accessed by Deerfield vendors and suppliers from countries with varying degrees of protection for your personal information.  By agreeing to this Policy, you expressly consent to the processing of your data in any jurisdiction, including, without limitation, the United States of America, in accordance with this Policy and applicable privacy and data protection laws and regulations, including Standard Contractual Clauses approved by the European Commission; EU-US Privacy Shield; Binding Corporate Rules; and Binding Corporate Processor Rules.

Changes to this Policy

Deerfield reserves the right to change this Policy at any time and without notice. Where the change is material, we will provide notice to you as required by data protection laws.

Questions about this Policy & How to Exercise Your Rights

If you have any questions or comments about this Policy or you would like to exercise any of your rights as outline here, please contact us at (855) 855-4956 and ask to speak with a member of our Privacy Team or send an email to [email protected].  Before helping you with your inquiry, we may ask to verify your identity in accordance with applicable law.  Residents of the State of California may submit an online request for an accounting of the personal information we maintain about them by completing this online request form

You may also write to us at:

Privacy Team
Deerfield Management Company
780 Third Avenue, 37th floor
New York, New York 10017

If, as an EEA resident, you believe that we have not adequately resolved any such issues, you have the right to contact your EU supervisory authority.

Last Updated: December 2019