Polar Capital raising large cap biotech fund

Polar Capital is fundraising for an open-ended global biotech fund focused on large cap companies. The Polar Capital Healthcare Blue Chip Fund will be managed by Gareth Powell and Daniel Mahony, who have both been with Polar since 2007.

The new fund, to be listed on the Irish Stock Exchange, is targeting a portfolio of 25-30 pharmaceutical, biotechnology, medical device and healthcare service companies. ...