New L/S Equity

According to DI.se a new L/S startup fund has been set up by an ex-Carnegie employee. Starting capital is low, around 2 mio USD (20 SEK). Will probably enjoy some great returns in the beginning due to the small size, but the small cap focus is likely to be a limiting factor in the long run. Especially given the difficulties of implementing large short positions in small illiquid companies.

The name of the fund is HealthInvest Global Long/Short Fund.