Overview
Kingdon Capital Management, L.L.C. and its affiliates (“Kingdon”), a Delaware
limited liability company, is an alternative investment firm founded in 1983 by
Mark Kingdon, who is also the principal owner and Managing Member of
Kingdon. No other person owns 25% or more of Kingdon.
Kingdon provides investment advisory services to pooled investment vehicles
sponsored by Kingdon or third parties (each a “Fund” or a “Client” and together,
the “Funds” or the “Clients”). The investment advisory services provided to each
Client are based on the investment objectives and restrictions as set out in the
Client’s investment management agreement and, as applicable, the Fund’s
offering document. The terms upon which Kingdon serves as investment adviser
to a Client are put in place at the time the Client’s account is established
and
are generally set out in separate investment management agreements or, as
applicable, in the underlying Fund documents. The terms of each investment
management agreement and, as applicable, other Fund documents may vary
from Client to Client.
Kingdon offers two investment strategies: a global long/short equity strategy
(“Flagship Strategy”) and a global long/short healthcare strategy (“Healthcare
Strategy”). The Flagship Strategy consists of thematic, idiosyncratic and
opportunistic investments with diversified return drivers and an emphasis on
liquidity. The Healthcare Strategy primarily invests in the global healthcare
industry. See Item 8 below for a more detailed discussion of these investment
strategies.
As of January 1, 2024, Kingdon had approximately $639,167,737 of net assets.