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      For more than 55 years, Institutional Investor has delivered the news and analysis that investment professionals need to succeed and stay relevant. Our coverage of the global asset management industry helps you to stay ahead of the curve on the trends and stories that impact your world.

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      Discovery Extends Multiyear Run With Strong July, Now Up 17.5% in 2025
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      Expert Perspectives: C-Suite Insights from II’s Exclusive Forums
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      Allocators and Asset Managers Tell Us What Concerns Them Most
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      Kasia Karapuda, Director of Investments, Oberlin College Investment Office
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      Kristin Agatone, Chief Investment Officer, Lehigh University
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      Michael W. Frerichs, Illinois State Treasurer, Illinois State Treasury
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      Expert Perspectives: C-Suite Insights from II’s Exclusive Forums
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      What Do We Know About Hedge Fund Activity in FX Options?
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      Is Silver Poised to Catch Up to Gold's Record Rally? 
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      Harnessing Infrastructure Equity: Strategic Investments for a Changing World
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      Energy-Hungry India Offers Opportunities for U.S. Oil, Natural Gas Exports
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      U.S. Dollar at a Crossroads: Bearish Signals Persist, but Rebound Risks Rise
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      Trump 2.0 and the Markets

      Trump 2.0 and the Markets
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  • About Us
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Stephen Taub
Premium
These Biopharma Funds Made a Comeback Last Year
While some funds posted huge losses in 2022, several others managed to turn sharp losses into profitability.
Stephen Taub January 19, 2023
Andrey Rudakov/Bloomberg

Andrey Rudakov/Bloomberg

After a disastrous first half of the year, at least three biopharma hedge funds finished 2022 in the black, while another came close to being profitable. For most of these firms — which rarely make significant

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