STAT+: Young private equity firm Catalio to absorb hedge fund HealthCor, capping off busy year of investment M&A
Two veterans of the health care investing world — Art Cohen and Joe Healey — are planning to step back and sell their hedge fund to the fast-growing private equity firm Catalio Capital Management.
Cohen and Healey’s firm, HealthCor Management, will be absorbed by Catalio in what three people with knowledge of the deal described as mainly a stock transaction. The deal is expected to close at the start of 2023.
