Friday, 31 October 2014
Last updated 11 hours ago
Aug 2 2011 | 7:35am ET
Third Point alumnus Brigette Roberts’ YYC Capital Management has launched a fund with an anchor investment from Freestone Capital Management.
YYC began managing money for Freestone on the Topwater managed account platform—a multi-manager joint venture between Topwater Capital Partners and Freestone Capital Management—in August 2009.
The platform allows Topwater, Freestone and other strategic partners to identify, monitor, and evaluate managers for investment. Topwater and Freestone say they expect to make additional allocations to platform managers that consistently demonstrate superior risk-adjusted returns.
Roberts launched the healthcare long/short equity strategy in 2009. Prior to founding YYC, Roberts was a partner at Third Point where she managed a $350 million healthcare portfolio. Before that, she managed a $100 million healthcare portfolio at DKR Saturn.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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