Magnetar Seeks $400 Million for Its First Health-Care Hedge Fund

(Bloomberg) Magnetar Capital, the alternative investment firm started by Alec Litowitz and Ross Laser, is set to launch its first health-care hedge fund next year, seizing on a strong sector for startups.The firm is seeking about $400 million in the first close of fundraising by mid-2020, according to a person with knowledge of the matter.

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