SAC Healthcare Manager Evans Out

May 18 2012 | 4:08am ET

A SAC Capital Advisors healthcare hedge fund manager has left the firm, possibly to launch his own hedge fund.

Eric Evans will take some time off before making his next move, HFMWeek reports. But he could launch his own firm as soon as next year.

Evans' departure follows that last year of SAC healthcare analyst Norbert Gottesman. Gottesman and Helios Capital veteran Jeff Schachter founded Avet Capital Management last year, winning a seed investment from Tiger Management founder Julian Robertson.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...