New York-based Kinsale Capital, run by former Orbitex and Acacia man, Tim Bepler, has been incubating a diversifed long/short healthcare fund over the past few months and is now planning to offer it to outside investors.
Kinsale will look for opportunities primarily in the U.S. and the portfolio will use a bottom up approach and will have an average long and short exposure of 25%-75%. The portfolio was up 15.6% net-of-fees last year. The healthcare sector is currently a $1.7 trillion-dollar business.
At Orbitex, Bepler was the sole portfolio manager for several funds totaling $300 million, one of