Freestone Seeds Third Point Vet's Healthcare Fund

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.


In Depth

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...