Invesco Vet. Readies Healthcare Hedge Fund

Apr 23 2010 | 1:12pm ET

Healthcare reform isn’t scaring off one industry veteran. Former Invesco portfolio manager John Schroer is to launch a healthcare hedge fund this summer.

Denver-based Schroer Capital will unveil its debut fund on July 1, HedgeFund.net reports, despite the uncertainty surrounding the sector in the wake of President Barack Obama’s reform package, which became law last month. Schroer said the new landscape is not disadvantageous for healthcare hedge funds.

“Healthcare reform is an ongoing process,” he told HFN.

The Schroer fund will employ a long/short strategy, going 20% to 50% net long. The fund will manage $50 million at launch.

Schroer himself is no stranger to managing healthcare portfolios, having done stints at private equity firm HealthCor, ITROS Capital Management and TCW Group before joining Invesco.

The fund features three share class, with a $1 million minimum investment. UBS serves as prime broker, with Goldman Sachs dealing with back-office accounting duties.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...