A healthcare long/short equity fund launched by YYC Capital Management has received seed investment from Seattle-based Freestone Capital Management, FINalternatives reports. YYC is managed by former Third Point portfolio manager Brigette Roberts.

In August 2009, YYC started managing money for Freestone on the Topwater managed account platform, a multi-manager joint venture between Topwater Capital Partners and Freestone. Through the platform, Topwater, Freestone and other strategic partners are able to identify, monitor and evaluate managers for investment.

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