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

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

When Less is More: The Case for Concentrated Equity Strategies

Jun 1 2015 | 7:59am ET

The conventional wisdom is that wide diversification is the “holy grail,” as...

 

Sponsored Content

Editor's Note