The healthcare sector went on a tear beginning in 2011, thanks in large part to the passage of the Affordable Care Act and its impending implementat
Thursday, 19 January 2017
Last updated 10 hours 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.