Fri, Mar 31, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Freestone Capital anchors new healthcare long/short equity hedge fund launch YYC Capital Management

Monday, August 01, 2011
Opalesque Industry Update – Topwater Capital Partners, which runs a managed account platform, announced on Monday that Seattle-based Freestone Capital Management, had awarded an anchor investment to YYC Capital Management. YYC, a healthcare long/short equity fund, launched on August 1st and is managed by former Third Point PM Brigette Roberts.

Freestone, which is a major driver behind the platform, has been tracking YYC since August 2009. Through the Topwater platform, the firm and other strategic partners are able to track and allocate to managers, and the focus is on superior risk-adjusted returns.

The YYC healthcare strategy was founded in 2009. Prior to that Dr. Roberts was portfolio manager of a $350m healthcare portfolio at Third Point and before that a $100m healthcare portfolio at DKR Saturn LLC. Dr. Roberts received a BA in Physics & Chemistry from Harvard University and an MD from NYU School of Medicine. Ms. Roberts was formerly a General Surgery Resident at NYU Medical Center and is a licensed physician in the State of New York.

Kirsten Bischoff

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: FS Investments launches energy fund[more]

    Bailey McCann, Opalesque New York: $19 billion Philadelphia-based FS Investments has launched a new interval fund which will invest in energy. The FS Energy Total Return Fund is the firm's first closed-end interval fund and will invest opportunistically in energy companies and assets. FS

  2. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  3. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  4. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  5. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less