Hedge Fund - Consonance Capital Management

New York-based Consonance Capital (CCP) announced that its sophomore private equity fund was closed at its hard cap of $856 million.

The majority of hedge funds and other top money managers tend to have a long-term focus when they make investments.

The healthcare sector has appreciated by more than 14% so far this year, so we decided to take a look at how healthcare funds are gearing their portfolios heading into the second half of the year.

The $5.50 billion pharmaceutical company Akorn, Inc. (NASDAQ:AKRX) was one of the top gainers on Wednesday, closing the session with an almost 10% gain.