North Tide's Health Care Fund Extends Losses

May 12, 2017   Stephen Taub


The fund founded by Millennium Management alumnus Conan Laughlin has not made money since the first half of 2014.

A health care-focused hedge fund founded by a former portfolio manager at Millennium Management continues to suffer painful losses and learn the hazards of emphasizing a single, volatile industry. As a result, assets at the firm, North Tide Capital, have …

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