Tuesday, 30 June 2015
Last updated 9 hours ago
Feb 16 2010 | 3:33am ET
Healthcare hedge fund shop Visium Asset Management will launch a new fund on March 1. On the same day, it will close its $1.5 billion flagship to new investments.
New York-based Visium’s third fund will be a multi-strategy vehicle. It has been seeded by Visium’s partners with $100 million, according the Hedge Fund Alert.
Visium also manages a credit fund with $30 million in assets. That fund was launched last May, and returned 19.9% in its first eight months.
Visium recently hired former SAC Capital Advisors fundraiser Jason Huemer as president.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…