New York-based Mariner Investment Group announced Monday that it has hired a pair of hedge fund veterans to run its global healthcare long/short equity portfolio through its multi-strategy platform.
Mariner said in a statement that Robert Hodgson and Michael Oberdorf, who were both formerly founding partners and portfolio managers at Lenus Capital Partners where they managed a long/short equity healthcare fund, is the fifth addition to the Mariner Incubation Platform. The Mariner team will employ a healthcare long/short strategy that seeks to capitalize on Hodgson and Oberdorf’s experience in the hedge fund industry.
The platform is managed by a slew of hedge fund professionals across the industry who will have the opportunity to provide Mariner with strategy-level investment expertise while having the support of the firm's infrastructure and the potential to create future stand-alone hedge funds. Managers will oversee portfolios with initial investments ranging from $50 million to $100 million on behalf of the fund.
Hodgson has more than 28 years of experience in the healthcare sector, which includes stints at Lenus Capital, BlackRock, Merrill Lynch Investment Managers. With 13 years of investment management experience under his belt, Oberdorf also worked at Merrill Lynch Investment Managers, BlackRock, and Lenus Capital with Hodgson.
Founded by former Bear Stearns fixed-income executive William Michaelcheck, Mariner is a multi-strategy hedge fund focused on fixed income and credit arbitrage with about $10 billion in AuM.