Sagitta has launched a Cayman Island-domiciled long/short global healthcare hedge fund, writes James...
Sagitta has launched a Cayman Island-domiciled long/short global healthcare hedge fund, writes James Phillipps. The group is looking to raise $35m over two years and has already acquired $2.7m in internal money. Named Salix, the fund will be managed by June Scott and Eduardo Tomacelli. Scott believes the combination of her knowledge of the healthcare sector and Tomacelli's experience in running hedge funds should enable them to profit from the current volatile market conditions. She said: 'We work together a lot already and the sector is ideal for a hedge fund. It is volatile and has ...
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