Healthcare investor Catalio Capital, which counts KKR and Brevan Howard as backers, just hired a new partner

"Mantha previously had been an executive at Zimmer Partners, a New York-based stockpicking hedge fund where Mantha built and then ran the healthcare group. He spent nine years in Bain Capital's public equities division as the head of its healthcare sector group. Prior to that, he worked as an analyst at D.E. Shaw and a consultant for McKinsey."

"The hedge fund, which now runs roughly $900 million following an infusion of capital from Brevan Howard, is up nearly 16% this year, a person close to the manager says, besting the average fund's gains of 9.9%. The hedge fund has returned roughly 55% since rebranding with the Catalio name at the start of 2023, this person added."

"The firm, founded by George Petrocheilos and Jacob Vogelstein, originally focused on private market investments in the healthcare and biotech sectors before acquiring longtime stockpicking hedge fund HealthCor Management at the end of 2022. HealthCor, founded in 2005 by SAC Capital alums Art Cohen and Joe Healey, was merged into Catalio but is still led by Snedeker, who invested for HealthCor for four years before the sale of the fund."

Catalio Capital Management hired Ajay Mantha as a partner in its Catalio Public Equities hedge fund, with Mantha set to start next year and report to Ben Snedeker. Mantha previously worked at Zimmer Partners, Bain Capital (head of healthcare public equities), D.E. Shaw, and McKinsey. The hedge fund runs roughly $900 million after a Brevan Howard capital infusion and is up nearly 16% year-to-date, outperforming average gains; it has returned about 55% since rebranding at the start of 2023. The firm acquired HealthCor Management at the end of 2022 and counts backers including KKR and Brevan Howard.

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