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The Polar Capital Global Healthcare Team

The five-strong specialist healthcare team, set up in 2007, includes partners Dan Mahony and Gareth Powell alongside fund managers James Douglas (Healthcare Blue Chip Fund and the Global Healthcare Trust with Powell), David Pinniger (Biotechnology Fund) and Deane Donnigan. They all held senior roles in pharma and biotech – in equity sales, as a clinical specialist and a research scientist as well as time working in academic laboratories and institutes – before managing money in the sector.

Total AUM (as at 31.01.2020)

2007

Established

125

Combined years of experience

5

Team members

None

Daniel Mahony, PhD

Co-head of Healthcare
None

Gareth Powell, CFA

Co-head of Healthcare
David Pinniger

David Pinniger, CFA

Fund Manager
None

Deane Donnigan, PharmD

Fund Manager
None

James Douglas, PhD

Fund Manager

Daniel Mahony, PhD

Daniel joined Polar Capital to set up the Healthcare team in 2007. Prior to joining Polar Capital, he was head of the European healthcare research team at Morgan Stanley, covering the European biotechnology, medical technology and healthcare services sectors.

Previously, Daniel worked in New York for ING Barings Furman Selz following the US biotechnology sector. Before working in the investment field, Daniel worked as a research scientist for seven years with the majority of his time at Schering Plough Corporation in California.

  • BA (1st Class Hons) in Biochemistry, University of OxfordPhD in Developmental Biology, University of Cambridge
  • 28 years

Gareth Powell, CFA

Gareth joined Polar Capital in 2007 to set up the Healthcare team. Prior to Polar Capital, Gareth worked at Framlington, where he began his career in investment management in 1999. Soon afterwards, he joined the Healthcare Team in 2001 and helped launch the Framlington Biotech Fund, which he managed from 2004 until his departure.

Gareth studied biochemistry at Oxford, during which time he worked at Yamanouchi, a leading Japanese pharmaceutical company (later to become Astellas). As well as this, Gareth worked for the Oxford Business School and various academic laboratories including the Sir William Dunn School of Pathology and the Wolfson Institute for Biomedical Research.

  • MBiochem in Biochemistry, University of Oxford
  • CFA Charterholder
  • 21 years

David Pinniger, CFA

David joined Polar Capital in August 2013 as a portfolio manager within the Healthcare team, to launch the Polar Capital Biotechnology Fund. Prior to joining Polar Capital, David was portfolio manager of the International Biotechnology Trust at SV Life Sciences.

Previously, David spent three years working at venture capital firm Abingworth as an analyst managing biotechnology investments held across the firm's venture and specialist funds, and four years at Morgan Stanley as an analyst covering the European pharmaceuticals and biotechnology sector.

  • BA (1st Class Hons) in Human Sciences, University of Oxford
  • CFA Charterholder
  • 19 years
Source & Copyright: CITYWIRE. David Pinniger has been awarded an A rating by Citywire for his 3 year risk-adjusted performance for the period 31/01/2017 - 31/01/2020.

Deane Donnigan, PharmD

Deane joined Polar Capital in June 2013 as a senior analyst for the Healthcare team, and has over 35 years’ industry experience, including over 15 years within healthcare asset management. She trained as a clinical pharmacist, graduating with a post baccalaureate Doctor of Pharmacy from the University of Georgia.

Deane began her career at the Medical College of Georgia, before becoming a clinical specialist in Drug Information and Adult Internal Medicine with Emory University Hospital in Atlanta, Georgia. After several years, she moved to the UK to join Framlington (now AXA Framlington) applying her extensive pharmaceutical expertise working as an analyst for the healthcare unit trust, led by Anthony Milford. She went on to become lead portfolio manager of the Framlington Healthcare and Framlington Biotechnology funds. Deane is both a US and UK citizen.

  • Doctor of Pharmacy (PharmD), Clinical Pharmacy, University of Georgia in conjunction with the Medical College of Georgia
  • Board certified and licensed pharmacist, ACCP board certified pharmacotherapy specialist, IMRO qualified
  • 35 years

James Douglas, PhD

James joined Polar Capital in September 2015 and is a Fund Manager for the Healthcare team. He was appointed Co-Fund Manager for the Polar Capital Global Healthcare Trust in May 2017.

Prior to joining Polar Capital, James worked in equity sales specialising in global healthcare at Morgan Stanley, RBS and HSBC. James also has equity research experience garnered from his time at UBS, where he worked as an analyst in the European pharmaceutical and biotechnology team. Before moving across to the financial sector, he worked as a consultant for EvaluatePharma.

  • PhD and BA (1st Class Hons) in Medicinal Chemistry, Newcastle University
  • ACCA diploma in financial management (DipFM)
  • 20 years

Funds managed by the Global Healthcare team

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Biotechnology Fund

Launch date31.10.2013
AUM
5Team size

Biotechnology Fund

The Fund aims to preserve capital and achieve long-term capital appreciation by investing throughout the biotechnology ecosystem, across geographies and market capitalisations.
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Healthcare Blue Chip Fund

Launch date12.09.2014
AUM
5Team size

Healthcare Blue Chip Fund

The Fund aims to achieve long-term capital appreciation by investing in a globally diversified portfolio of healthcare companies.
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Healthcare Discovery Fund

Launch date31.01.2020
5Team size

Healthcare Discovery Fund

The Fund aims to achieve long-term capital growth by investing in a globally diversified portfolio of healthcare companies.
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Healthcare Opportunities Fund

Launch date30.11.2007
AUM
5Team size

Healthcare Opportunities Fund

The Fund aims to preserve capital and achieve long-term growth by investing in a globally-diversified portfolio of companies within the healthcare industry.
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Polar Capital Global Healthcare Trust plc

Launch date15.06.2010
AUM
5Team size

Polar Capital Global Healthcare Trust plc

The Company’s investment objective is to generate capital growth by investing in a global portfolio of healthcare stocks.