Monday, 27 April 2015
Last updated 2 hours ago
Mar 15 2010 | 1:40pm ET
FrontPoint Partners has launched an emerging markets healthcare fund, adding a veteran of the Indian industry to co-manage it.
The Morgan Stanley-owned firm’s new offering will invest in healthcare equities in emerging markets, seeking to profit from “the significant opportunities in the healthcare sector which we believed will be driven by growing healthcare demand from the developing markets over the next decade,” co-CEO Mike Kelly told Hedge Funds Review.
The new fund will be co-managed by Chip Skowron, the founder of the FrontPoint Healthcare Funds, and Rajiv Shukla, a 10-year veteran of the Indian healthcare industry.
Shukla joined FrontPoint from private equity shop ICICI Venture, which is focused on healthcare investments. He’s also done stints at Pfizer and investment bank Avendus Capital. He is based in FrontPoint’s London office.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…