Wed, Jan 7, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Florida hedge fund sees long-term opportunity in healthcare
Wednesday, December 28, 2016

amb
Dr. Shaheen Wirk Benedicte Gravrand, Opalesque Geneva for New Managers:

Healthcare stocks may be in for more volatility, but a specialist hedge fund manager is betting on its current - and what might be decades-long - innovation cycle instead.

Dr. Shaheen Wirk is an MD who started in the investment world 15 years ago at a New York-based hedge fund called Bridger Capital. He took the plunge in 2013 by launching Palkon Capital Management, a long/short fundamental equity hedge fund, with seed capital from Julian Robertson and Tiger Management. The fund invests in five subsectors: biotechnology, pharmaceuticals, medical devices, specialty pharmaceuticals and generics.

"Biotechnology, pharmaceuticals, and specialty pharmaceuticals have faced major challenges this year," he said at the recent Opalesque Miami Roundtable. And he saw these headwinds as an opportunity to average down the cost of his positions.

In this election year, healthcare has been a popular pinata for the candidates, he added. "Criticising drug companies and their pricing strategies make for easy talking points. When you then couple that with some ......................

To view our full article Click here
Article link
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Nvidia extraordinary growth and the challenge of sustaining demanding valuations over time[more]

    Antonio Di Giacomo, Senior Market Analyst at XS.com, writes: Nvidia has established itself as one of the most extraordinary growth companies in the global technology sector. Over the past two fiscal years, its revenues have risen from levels close to $60 billion annually to well above $120 billi

  2. Secondaries take center stage: What the 2026 PE landscape means for GPs and investors[more]

    Matthias Knab, Opalesque for New Managers: The 2026 edition of Dechert's Global Private Equity Outlook - "Signs of a Gradual Thaw" - marks a notable shift in industry sentiment. After years of compr

  3. Other Voices: Life settlements hedge funds are gaining acceptance among institutional investors[more]

    By Donald A. Steinbrugge, CFA - Founder and CEO of Agecroft Partners, a global hedge fund consulting and marketing firm. Over the past decade, life settlements hedge funds have steadily gained acceptance among institutional investors. Their appeal lies in the potential to deliver

  4. And, finally: Time to share it with the people[more]

    From Newsoftheweird: Leavenworth, Washington, has become a tourist destination because of the Bavarian theme businesses have adopted there, NPR reported. One shop, the Leavenworth Nutcracker Museum, houses the world's largest nutcracker collection, thanks to 101-year-old Arlene Wagner. Wagner sta

  5. Opalesque Exclusive: High-profile fraud dispute hits alternative investment firm[more]

    Matthias Knab, Opalesque: Former Tennis Champion Coco Vandeweghe Sues AC Investment Management for $1 Million+ in Missing Funds In a developing legal dispute that underscores the risks athletes and private clients face in trusting financial managers, professional tennis star Co

Click here for More about Opalesque Tracking
- A new, unique Premium Service -
  1. QRT
  2. Torus
  3. StoneX
  4. launch
  5. Marex
  1. mortgage fund
  2. viking
  3. turkey
  4. focus
  5. Adar