NYAIR Episode 53 –Larry Robbins -Investing for a Healthy Recovery: Current Opportunities in Healthcare Equities

A conversation with Larry Robbins, the founder and CEO of Glenview Capital Management, about the key factors affecting healthcare today and an assessment of the most attractive equity investments within healthcare.

Topics discussed include:

  • The impact on healthcare equities of the recent (and ongoing) U.S. elections
  • Healthcare policy under a split or potentially all-Democrat government
  • The recent positive news from Pfizer regarding its COVID vaccine development
  • The outlook and timeline for additional vaccine information from other drug developers
  • The outlook for Obamacare as the court case challenging it moves through the Supreme Court

The conversation is facilitated by Leslie Lake, co-founder and a managing member of Invus Financial Advisors.

Larry Robbins is the founder, portfolio manager and CEO of Glenview Capital Management, and Chairman of Longview Acquisition Corp. Glenview maintains an intense focus on deep fundamental research and individual security selection. Prior to founding Glenview, Robbins was an analyst and partner at Omega Advisors on that firm’s US equity long/short team, and before that he was with merger and advisory boutique Gleacher & Company. Through the Robbins Family Foundation, he and his wife are active supporters of education reform, both in New York City and on a national level. He also serves as chairman of the board for KIPP New York; is a member of the board of The Robin Hood Foundation, Relay Graduate School of Education and Zearn; and is the senior chair of the Wall Street Division of the UJAFederation.

Leslie Lake is a managing director and co-founder of Invus Financial Advisors, a boutique investment firm specializing in hedge fund and private equity investments. She is responsible for hedge fund investment activity, a portfolio totaling roughly $2.3 billion in assets under management in the long/short equity space. Prior to Invus Financial Advisors, Lake was a managing director of the Invus Group, and before that she was an executive vice president and managing director at Cofinam, the family office of the Charles Feeney Family, co-founder of Duty Free Stores. She also served as the external CIO for the Mitchell Kapor Family, founder of Lotus 1-2-3. In 2003, Lake organized what is believed to be the only successful investor-led hostile takeover of a hedge fund, Durus Life Sciences Fund, a $650 million health care hedge fund. She is a trustee of Simmons College, her alma mater, and is the chair of the National Blood Clot Alliance.