Tuesday, 21 October 2014
Last updated 4 hours ago
Nov 16 2011 | 11:43am ET
Nascent Boston hedge fund North Tide Capital has added a healthcare fund to its lineup, managed by a former Millennium Management affiliate.
North Tide's long/short healthcare-focused equity fund is helmed by Conan Laughlin. Until March, Laughlin served as a portfolio manager at healthcare specialist BCL Capital Management, which is affiliated with Millennium, HFMWeek reports. Laughlin worked at BCL for six years.
North Tide launched its maiden hedge fund in September.
The new healthcare fund has a $1 million minimum investment requirement, the firm said in a Securities and Exchange Commission filing.
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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...