Deerfield Posts Another Double-Digit Gain in 2018

Leadership succession is working out well at Deerfield, the hedge fund firm founded by the late Tiger Cub Arnold Snider.

Illustration by II

Illustration by II

Deerfield Management Co. is proving to be one of the most consistent large hedge funds focused on health care in the past five years.

The hedge fund firm has been profitable for at least the past five years, posting double-digit gains in four of them, including nearly 11 percent last year when broad equity indexes finished in the red, according to an investor in the fund.

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