Pictet Alternative Advisors focuses on health with second thematic private equity strategy launch

The new strategy aims to invest in biotech and healthcare-focused venture capital, growth and private equity funds globally and will make a "substantial" allocation to co-investments within five key segments in which it will make "high conviction" investments. Therapeutics, diagnostics, digital health, medical technology, and health care and services providers have been identified as the key segments for the strategy to invest in. Pierre Stadler, head of thematic private equity at PAA said: "From a private equity standpoint, the five areas provide opportunities across the full spectru...