info on baker bros
would love to hear insight into how they operate since they're in a very wild sector
would love to hear insight into how they operate since they're in a very wild sector
+52 | Do you regret going into public markets investing? | 29 | 1h | |
+46 | Alta Fox - How did Connor Haley do it? | 24 | 1d | |
+37 | RIP Jim Simons | 28 | 5h | |
+23 | Is Quasi-MNPI The Ultimate Alpha Generator For Public Equities? | 8 | 1d | |
+23 | Advice ahead of a pair trade presentation - HF interview | 7 | 9h | |
+22 | Point 72 let go of seven long-short managers !! | 26 | 14h | |
+18 | UPenn SEAS vs Cornell Engineering | 8 | 4d | |
+17 | SM Career Trajectory | 5 | 6d | |
+16 | PMs: move across platforms, latest terms | 15 | 5d | |
+13 | Why are so many people here interested in Biotech? | 18 | 12s |
Career Resources
Bump
it seems like they invest heavily before companies go private. would that assumption be correct?
Its been working for longer than that. RA had extremely poor to mediocre performance up until the last 6 years or so when they reorganized their strategy. When the funding dries up for the explosive IPOs we're seeing a lot of these funds are going to be hurt. Perceptive is more diversified and has a strong L/S book but the others (and I would include Deerfield here too) have exploited the private rounds quite aggressively. When these mature startups cannot go public then they will carry huge positions in illiquid private names.
I actually don't think the public markets book for RA is all that special. Orbimed is now huge and has investments across many funds and stages and I hesitate to even call them a L/S hedge fund anymore.
What I think is going to be very interesting are all the SPACs that are life science focused hunting for targets.
Super secretive biotech hedge fund. Bloomberg did a feature on them a couple years ago: https://www.bloomberg.com/news/articles/2019-11-01/baker-brothers-turn-…
https://www.wsj.com/finance/investing/two-brothers-a-big-biotech-bet-an…
Error temporibus qui sit. Sit dolore commodi temporibus dolores beatae odio. Necessitatibus eos voluptas culpa maiores sunt. Sunt ut aut maxime maiores eos. Corrupti et eveniet aperiam.
Voluptas nesciunt quisquam non voluptas libero praesentium autem. Doloribus quia veritatis dignissimos molestias quae. Consequuntur sunt vero sed.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...