Healthcare Hedge Funds Are in Critical Condition

Many suffered additional huge losses in April and are now down well over 50 percent from their peaks.

Andrey Rudakov/Bloomberg

Andrey Rudakov/Bloomberg

The health of many life sciences hedge funds continues to erode.

Most of these funds continued to lose money in April, with several posting double-digit declines. Many of them are already down well over 25 percent for the year and, after posting sharp losses in 2021, down more than 50 percent from their peaks.

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