Investment Firms Team Up To Launch Healthcare Hedge Fund

Nov 28 2007 | 12:25pm ET

Investment firm Carl Marks & Co. has partnered with hedge fund manager BlueStar Capital Management to launch the BlueStar CM Life Sciences Focus Fund. The partnership also gives Carl Marks a stake in BlueStar Capital Management, which invests in healthcare hedge funds.

The new Focus Fund holds a long/short portfolio that includes public healthcare equities in both managed accounts and limited partnerships.

"We feel the healthcare market provides attractive and solid investment opportunities," said Mark Claster, president of Carl Marks.

Jonathan Lach of BlueStar Capital said, "The Focus Fund is invested in the best ideas of some of the best investors in public healthcare equities, a sector that is rich with investment opportunity."

Andrew Boas, a principal at Carl Marks, will join BlueStar Capital's advisory board.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note