Tuesday, 27 January 2015
Last updated 36 min ago
Oct 11 2012 | 8:07am ET
Broadfin Capital celebrated its seven-year anniversary in September with a net return of 6.5% for the month—bringing its year-to-date returns to 18.4%.
Founded by Kevin Kotler in 2005, Broadfin today manages $420 million in a fundamental long/short equity value strategy focused on healthcare. Broadfin's flagship fund, the Broadfin Healthcare Fund, has delivered annualized returns of 16.5% and a cumulative return of 192%. That fund is currently closed to new investments.
Prior to founding Broadfin, Kotler ran a $10 million to $15 million healthcare portfolio for the Galleon Group, returning 24% over 13 months.
Prior to Galleon, Kotler had worked as a medical technology analyst at ABN Amro, ING Barings and UBS Securities.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…