October 17, 2012
Management LLC has formed the Asymmetry global health care team. ---
The firm plans to offer a long/short equity strategy
investing globally across all health care sectors and market capitalizations in
Scott Kay is the portfolio manager for the team. In addition
to 20 years in the health care industry, Kay was a founding partner at Partner
Fund Management LP, where he was therapeutic sector head. Previously he was a
senior health care analyst at Andor Capital Management LLC and at Bank America
Securities. Earlier in his career he held various roles in marketing, sales and
operations at Pfizer.
Also joining the team is Chris Zellner, who will be
responsible for operations and business development. He brings to the team two
decades of global markets and investment banking experience with Bank of
America Merrill Lynch, Lehman Brothers and Morgan Stanley, among
Two senior analysts, both of whom have previously worked
with Kay, will round out the team.
“This new team adds an important and exciting dimension to
Forward’s investment capabilities. Much like the technology sector, health care
is a fast-growing, rapidly changing industry that is experiencing a variety of
disruptions. For managers who understand the industry’s dynamics, this
translates into a multitude of long and short investment opportunities,” said
Alan Reid, chief executive of Forward.