Wed, Jul 26, 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. Investing - Hedge fund CQS favors structured credit, Direct lending funds' fading all-weather appeal, Funds hunt for cracks in most-prized US shopping malls[more]

    Hedge fund CQS favors structured credit From BArrons.com: A hedge fund manager that can invest across the investment landscape says in his latest semi annual report this week that he's finding opportunities in structured credit -- particularly the shorter term, floating rate kind. Exampl

  2. Launches - Bitcoin hedge fund launches ethereum-subscribed ICO investment vehicle, Jersey players institutionalize first regulated crypto-currency hedge fund[more]

    Bitcoin hedge fund launches ethereum-subscribed ICO investment vehicle From Coindesk.com: The operators of a regulated, Jersey-based bitcoin hedge fund have officially closed a new $5 million fund aimed at investing in cryptocurrency tokens and initial coin offerings (ICOs). Backed by fun

  3. SWFs - China Wealth fund backs TPG lender as part of U.S. property push[more]

    From Bloomberg.com: China Investment Corp., the sovereign wealth fund that controls $814 billion in assets, is betting on U.S. real estate by investing in a commercial real estate lender formed by the money management firm TPG. In conjunction with last week's initial public offering of TPG RE Financ

  4. Seward & Kissel launches new compliance service[more]

    Bailey McCann, Opalesque New York: The law firm that formed the first hedge fund - Seward & Kissel - has launched a new compliance service for asset managers. Seward & Kissel Regulatory Compliance, or SKRC, offers full-scale regulatory compliance consulting solutions provided by the firm's attor

  5. Opalesque Exclusive: Boothbay banks on nimble, niche emerging managers[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: One New York-based hedge fund is successfully riding the trend towards emerging manager managed accounts by focusing on those managers who take the road less tr