Wednesday, 20 August 2014
Last updated 11 hours ago
Jan 3 2013 | 12:22pm ET
Glenview Capital Partners bounced back in a big way last year, posting double-digit returns in its two hedge funds.
The $4.5 billion firm's flagship was up 29.31% through Dec. 21, 5.72% of that during those most recent 21 days, the New York Post reports. Its smaller Go opportunities fund is up about twice that, according to the tabloid.
Glenview credited the big returns to investments in hospital stocks. Firm founder Larry Robbins has argued that the U.S. healthcare reform law will prove a boon to for-profit hospitals.
Glenview's $3.6 billion flagship fell 12% in 2011.
Aug 4 2014 | 7:42am ET
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