Overview
EHI is a Greenwich, CT-based investment management firm organized on October 10, 2019, as a
Delaware limited partnership. The Firm is 100% owned by founder Gary Stern, who serves as
Chief Investment Officer and is responsible for all investment-related decisions. EHI invests client
assets primarily in publicly traded equities, both long and short, across the healthcare sector. EHI
and its affiliates provide investment advisory services and certain administrative services to the
following pooled investment vehicle clients on a discretionary basis (each a “Fund” or “Client”
and, collectively, the “Funds” or “Clients”):
1. Eagle Health Investments Master Fund LP (the “Master Fund”);
2. Eagle Health Investments Onshore Fund LP (the “Domestic Feeder Fund”); and
3. Eagle Health Investments Offshore Fund Ltd. (the “Offshore Feeder Fund,” and
collectively with the Domestic Feeder Fund, the “Feeder Funds”).
The Feeder Funds will invest all of their assets in the Master Fund.
Eagle Health Investments Fund GP LLC (the “General Partner”), a Delaware Limited Liability
Company, serves as the general partner of the Master Fund and the Domestic Feeder Fund. Ms.
Michelle Dea, Mr. Matt Auriemma and Ms. Julie O'Hara serve as directors (the “Directors”) of the
Offshore Feeder Fund. Unless and only to the extent that the context otherwise requires, all
references to EHI include the General Partner and the Directors.
EHI’s investment objective is to capitalize on innovation and disruption within the healthcare
sector by identifying major secular themes that it believes are mispriced by the market over a multi-
year period. The
Firm seeks to construct a portfolio of companies with compelling value
propositions and attractive risk/reward potential over a long-term investment horizon. EHI will
employ a process-driven diligence approach to understand how innovation or disruptive change
may impact portfolio candidates’ financial results over 3- 5- and 7-year periods. The Master Fund’s
investments will generally include publicly traded equities, cash and cash equivalents, including
government bonds, treasury bills, and money market funds, and other hedging instruments,
including swaps, futures, options, and spots and forwards transactions.
In providing services to the Funds, EHI will (i) manage the Funds’ assets in accordance with the
terms of the applicable Fund’s Confidential Private Offering Memorandum or Confidential
Explanatory Memorandum and individual limited partnership agreements or Memorandum and
Articles of Association, as applicable (the “Offering Documents”); (ii) formulate investment
objectives; (iii) direct and manages the investors. Investment restrictions for the Funds, if any, are
generally established in the applicable Fund’s Offering Documents.
EHI does not currently offer investment advisory services to separately managed accounts or other
services tailored to the needs of individual investors, although EHI may provide such investment
advisory services in the future. EHI does not participate in wrap free programs.
As of December 31, 2023, EHI had approximately $698.3 million in regulatory assets under
management. The Firm provides investment management services on a discretionary basis to the
Funds.