Healthcare Focused Hedge Funds

Wolverine9's picture
Rank: Monkey | 39

Hi all,

I am a first year analyst in the healthcare group (Pharma & Biotech) at a bank in New York. As many of you know/have experienced, buyside recruiting is starting to get underway and I am curious if anyone has a list of healthcare focused hedge funds? Or if anyone knows any off the top of their head? I am particularly focused on hedge fund recruiting, but I am really only interested in funds that are specifically healthcare focused/have a large healthcare focus.

Thanks for any help!

Region: 
United States - Northeast

Comments (27)

Nov 2, 2014

Healthcor

Nov 2, 2014

orbimed is the best at 10b aum

Nov 4, 2014

Glenview isn't healthcare per se, but they've made a killing the last couple years off their healthcare/biotech picks.

Nov 7, 2014

Glenview does everything but healthcare is huge there. Visium is also big. There is one fund in particular that is famous for being really good at biotech, their name escapes me at the moment. Look at the top 10 holders list for some biotech stocks that have done well over the past 24 months, see which names come up often.

Nov 9, 2014

Here is a list of the top 75 healthcare, pharma and biotech hedge funds:
http://www.hedgetracker.com/article/Healthcare-Bio...

Nov 9, 2014

Palo Alto is a pretty good one, but they might be closed.

Nov 23, 2014

Any other suggestions?

Nov 24, 2014

RA Capital

Nov 24, 2014

SAC Capital :) I heard they made a pretty good bet on healthcare stocks...

Dec 11, 2014

slowdive you are probably referring to the baker brothers... they have absolutely killed it and are well respected because they take concentrated positions relative to other funds.

other top funds would include orbimed, deerfield, perceptive advisers, RA capital, healthcor, and broadfin

Dec 11, 2014

Check Bloomberg. Also, not too sure if targeting only healthcare specific funds is a good idea.

In times of difficulties you don't want to be an analyst that struggles to move around due to lack of other sector experience. Fact is, healthcare is wide with decent opportunities but so much more enjoyable to look at something like retail and consumer etc (not as difficult as well). My PM hired a guy primarily to look at TMT but slowly started giving him more sectors to look at and the analyst seemed quite pleased.

Few places don't advertise sector specific funds on their websites but usually have a pair managing some 100m (know this from a guy who does this). Use head hunters. Your market buddies will be able to give great insights as they are the ones speaking with clients.

Dec 11, 2014

The only thing I could have mentioned was OrbiMed.

Dec 11, 2014

Caduceus (Orbimed) is top quality. Another smaller (but in my view excellent) healthcare shop is BroadFin Capital.

Dec 11, 2014

Don't know if it's a "top" fund, but Consonance Capital headed by Mitchell Blutt is HC-focused. Some good articles on Blutt out there

Dec 11, 2014

OrbiMed, HealthCor, Deerfield, Broadfin, Lone Pine, Glenview, Citadel, Millennium, Viking, SAC, PFM, Conatus, Cobalt, Diamondback, Eton Park, First Pacific, Highland, Senator, Miura, Och Ziff, Luxor, Brookside, Highside, Perceptive, Sirios, Highline, Farallon, York, Eagle Asset Management...

Dec 11, 2014

HealthCor and Visium are the two that immediately jump to mind.

Dec 11, 2014

Here is a new list that highlight the top investors, not surprisingly Orbimed and Glenview still top the list:
http://www.hedgetracker.com/article/Top-Healthcare...

Dec 11, 2014

Sarissa is another...launched by a former viking / Icahn PM.

Dec 11, 2014

Also interested...

Dec 11, 2014

Quaker Partners in Philly do healthcare VC

Dec 11, 2014

Cressey & Co
Water Street

Bryan Cressey is cut from the GTCR cloth, so he is definitely not an unknown.

Dec 11, 2014

GTCR
Waud
Water Street
Frazier
Sante Ventures - (life science VC firm)

Dec 11, 2014

madison dearborn has a solid HC practie

Dec 11, 2014
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