Hedge Funds

Healthcare specialist targets small caps


Stephen Du Bois, a healthcare specialist who has worked with Ziff Brothers Investments, Sonar Capital Management and Pangaea Capital, has launched his own healthcare fund.

With his new Boston-based firm, Camber Capital Mangement, Du Bois is targeting small-cap healthcare companies that have been overlooked by mainstream research shops.

He takes a long-term view, avoiding the more catalyst- or event-driven approach of most healthcare funds. The portfolio is expected to be concentrated, and the investment horizon will generally run from six to 18 months.

Du Bois was most recently an associate portfolio manager at Boston-based Sonar, where he was