Pura Vida Investments, LLC is an investment advisory firm based in New York City that manages money for private pooled investment vehicles and institutional managed accounts. Founded in 2012 and led by Efrem Kamen, Pura Vida Investments focuses primarily on the healthcare sector, including biotechnology, pharmaceuticals, and related industries. The firm employs a fundamental research approach, trading long and short equities, debt securities, and derivatives globally. Pura Vida Investments utilizes leverage, hedging strategies, and occasionally takes activist or control positions in portfolio companies. Because Pura Vida Investments serves pooled investment vehicles and institutional clients rather than individual retail accounts, its services and strategies are designed for sophisticated investors who can tolerate high volatility and the potential loss of their entire investment.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.00% |
Management fee is up to 2% annually, payable monthly in advance. Clients are also subject to performance-based fees (incentive allocations) as set forth in their governing documents. Fees may be waived or reduced for certain investors at the firm's discretion.