Broadfin Marks 7th Anniversary With 6.5% Gain

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.

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