Wheaton Capital Management will likely invest in equity options within its soon to be launched Wheaton Healthcare Partners hedge fund, a long/short equity fund specializing in the healthcare sector. Jerry Treppel, general partner at the fund in Edison, N.J., said the fund will buy and sell puts and covered calls where it sees potential to make investment gains. While the fund will initially be focused on healthcare companies, its investment universe will expand to include other healthcare related firms, including healthcare service companies, as the fund grows, he said.
Treppel expects to launch the fund next month with assets of between USD10 million and USD15 million.
