Asset Manager

Updated:

Broadfin Capital

Broadfin Capital is a global equity healthcare manager based in Melville, New York. Founded in 2005, the company focuses on the healthcare sector and employs a...

Broadfin Capital

Broadfin Capital is a global equity healthcare manager based in Melville, New York. Founded in 2005, the company focuses on the healthcare sector and employs a value-oriented investment strategy based on fundamental research. It invests in medical technology, pharmaceuticals, and biotechnology sectors across all market capitalizations, managing binary event risks.

General information

Firm type

Asset Manager

Year founded

2005

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Additional offices

San Francisco, CA · Boston, MA

Principals

Kevin Kotler

Founder & Portfolio Manager

Sector focus

Healthcare ServicesBiotechnologyMedical DevicesPharmaceuticals

Frequently asked questions

Who made investment decisions at Broadfin Capital?

Kevin Kotler, the founder, served as the sole portfolio manager and made all final investment decisions. He built the firm after working as a healthcare analyst and maintained a flat structure without co-portfolio managers, which kept decision-making concentrated and fast.

What was Broadfin's most notable investment?

Auspex Pharmaceuticals was Broadfin's signature win. The firm built an 8.4% stake at an average cost around $15 per share and realized over $150 million when Teva Pharmaceutical Industries acquired Auspex for $101 per share in cash in 2015, a return exceeding 10x.

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