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

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...