Stockholm (HedgeNordic) – Rhenman Healthcare Equity L/S, the healthcare-focused equity hedge fund managed by Henrik Rhenman (pictured) is opening up to new investors again, a press release states.
The fund closed to new investors in line with the limits set forth by the fund´s prospectus by the end of 2015 as it reached 500 million euro in managed assets. The fund is now below 450 million euro which prompts a reopening of the fund, Rhenman and Partners states.
This means that new investors can enter the fund until it reaches the 1 billion euro mark, where the fund will hard close. The fund will offer monthly liquidity even after the hard closure, the press release states.