New Hedge Fund Launches Healthcare Vehicle

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.


In Depth

FINalternatives Survey: We Asked Investment Pros...

Apr 2 2016 | 9:42pm ET

The data from our annual reader survey continues to roll in and provide interesting...

Lifestyle

Point72's Cohen Donates $275M To Veterans Mental Health Network

Apr 6 2016 | 8:31pm ET

Billionaire hedge fund manager Steve Cohen has formed a non-profit aimed at treating...

Guest Contributor

Agecroft: Why NYCERS Should Reconsider Exiting All Hedge Funds

Apr 18 2016 | 5:51pm ET

The recent decision by the New York City Employment Retirement System to exit its...