Tuesday, 30 September 2014
Last updated 8 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...