Starting a hedge fund and making millions remains one of the most glamorized paths to fame and fortune in America. It's the tried and true storyline in Hollywood hits from Wolf of Wall Street and The Big Short.
Investing in healthcare poses a unique challenge. Healthcare is enormously complex, only rewarding fund managers with deep technical understanding of scientific and regulatory developments within the industry.
Thessalus Capital Management, a student-run investment fund based in Princeton, NJ, beat the odds in 2015. In a year of flatline markets, with the S&P 500 returning 1.4% and the average Wall Street hedge fund posting -3%, Thessalus notched a +7% gain after incorporation in September.
Source: Yahoo Finance