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

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...