How Mitchell Ng and his Thessalus Capital crew target healthy returns. Meet the ivy league students behind a healthcare fund that's currently beating the S&P 500 and promises to deliver more.
CRISPR, (Clustered Regularly Interspaced Short Palindromic Repeats), is a technology that allows scientists to edit genes in living cells.
Source: Forbes
Bloomberg Markets with Carol Massar and Jason Kelly. Mitchell Ng, Managing Director at Thessalus Capital, is a 23-year old medical student who also invests in biotech. He discusses why he likes TG Therapeutics, aming others.
Source: Bloomberg
It holds vast applications, from curing genetic diseases, detecting and treating cancers, treating HIV by blocking replication in human cells, bioengineering new crops and plants, eliminating malaria, to editing DNA in live human embryos.
Source: Forbes
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.
Source: Inc.
As an industry, healthcare is exploding and is an increasingly interesting space for investors.
Source: Forbes
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.
Source: Forbes
It’s the classic rags to riches story. Start off with a small loan from friends and family, invest it in the market, and make millions, if not billions.
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.
student-run hedge fund, Thessalus Capital Management, gained 4.6% in Q1 with equity investments mainly in healthcare.
Source: HFM Week
Mitchell Ng ’16 and Edward Xiao ’16 founded a student-run investment fund that currently manages $150,000 in assets.

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