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Alternative Market Briefing

Mariner’s new healthcare mandate applies strategic approach across pharmaceutical and biotech sectors

Friday, October 31, 2014

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Robert Hodgson
Benedicte Gravrand, Opalesque Geneva for New Managers:

A team of two was hired in February this year to run a global healthcare long/short equity portfolio on the Mariner Incubation Program in New York.

Before joining Mariner, Robert Hodgson and Michael Oberdorf were partners in their own hedge fund firm, Princeton, New Jersey-based Lenus Capital Partners, where they managed a long/short equity healthcare strategy. They had previously worked together at both BlackRock and Merrill Lynch Investment Managers since 2000. Mr. Hodgson has been in the healthcare business for nearly 30 years and managing healthcare equity portfolios since 1997, and Mr. Oberdorf brings a strong equity and equity option analysis background.

Bracebridge Young, Mariner’s Chief Executive Officer said at the time he expected the global healthcare sector to generate positive returns "given the unprecedented levels of medical-scientific advancement and innovation taking place worldwide combined with increased demand from aging populations in developed countries and the rising demand and ability to afford modern healthcare in developing countries." The ......................

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