Link to raise $284 million from sale of ex-Woodford fund healthcare assets
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(Reuters) - Fund administrator Link Fund Solutions said it will sell up to 19 healthcare assets in the LF Equity Income fund formerly run by Neil Woodford for 223.9 million pounds to Acacia Research Corp as it seeks to recoup cash for investors.Link said on Friday the sale will enable it to make further capital distributions to investors in the LF Equity income fund, which was suspended in June 2019 after investors tried to get their money out after a period of underperformance.The fund..