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May 08, 2019  

Healthcare Pro Raising Money

A former OrbiMed Advisors executive is assembling a hedge fund to invest in healthcare-company stocks.Scott Green plans to launch the vehicle by yearend via a New York management firm he has dubbed 8 Knots. His capital-raising ambitions are unclear, although one family-office investor said he should benefit from the heavy demand for healthcare-stock funds.Green will employ a market-neutral strategy with the goal of producing strong risk-adjusted...

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