Weintraub Capital Vet Readies Healthcare Hedge Fund

Jul 16 2013 | 4:53am ET

A former portfolio manager at Weintraub Capital Management has set up his own shop and plans to launch a healthcare focused hedge fund on Oct. 1.

John RendeJohn RendeJohn Rende, who managed Weintraub’s portfolio for 13 years, founded Copernicus Capital Management earlier this year. According to Hedgetracker, the new firm—which is based in San Francisco—hopes to launch with $50 million.

Rende spent 16 years at Weintraub Capital. Before that, he served as vice president in Wells Fargo’s asset management group.

Last year Weintraub Capital—which at one time managed over $2 billion—wound down its operations and returned outside money to investors in order to become a family office to manage founder Jerry Weintraub's millions. During its 20 years in existence, Weintraub Capital posted only two losing years.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


Hedge Funds Swarm Into Palm Beach

Oct 27 2016 | 2:32pm ET

As the first flakes of snow fall on New York's northern suburbs, Dan Weil of South...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...