Saturday, 30 May 2015
Last updated 21 hours ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…