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NEWS RELEASE
Media Contact:
Amanda Arens
952-221-1542
[email protected]
Investor Contact:
Lisa Newinski
952-831-6500
[email protected]
First Light Adds Seasoned Senior Research Analyst to Investment Team
Chad Fugere brings nearly 15 years of experience investing in publicly traded health
care companies across market capitalizations
EDINA, Minn. — April 13, 2015 — First Light Asset Management, LLC, an investment firm
primarily focused on small-cap health care stocks, today announced it named Chad
Fugere a senior research analyst and principal. In his analyst position, Fugere will play a
significant role in the execution of the firm’s investment processes, including identifying
and analyzing prospective and existing portfolio investments.
Fugere brings nearly 15 years of experience investing in publicly traded health care
companies across various levels of market capitalization. Before joining First Light, he
was a senior research analyst following the health care sector at Wells Capital
Management. While there, Fugere played a critical role in the selection and
management of the health care-related holdings that represented nearly $3 billion of
the Wells Capital Fundamental Growth Equity Team’s approximately $16 billion in total
assets under management. Prior to his position at Wells Capital, Fugere was a senior
research analyst at Wachovia Capital Markets, LLC, where he covered a broad array
of health care services companies. Fugere began his health care research career at US
Bancorp Piper Jaffray.
“We are extremely excited to bring Chad’s considerable expertise to the First Light
investment team,” said Matt Arens, chief executive officer, senior portfolio manager
and founder of First Light. “His noteworthy, consistent track record of performance and
excellent reputation among his peers for being a high-quality research analyst lead me
to believe his contributions to the First Light Health Care Strategy are likely to be
significant. I anticipate his valuable insights – drawn from years of experience investing
in the health care space – will provide us the opportunity to further expand our rigorous
fundamental analysis and investment identification process. I also am excited about
Chad’s ability to contribute in a senior portfolio management capacity as First Light
contemplates potential future product offerings.”
- more 3300 Edinborough Way, Suite 201
Edina, MN 55435
TEL: 952-831-6500
FAX: 952-314-9600
EMAIL: [email protected]
WEB: www.firstlightam.com
“I feel fortunate to join First Light at a time when I believe the growth of the firm is at a
positive inflection point,” commented Fugere. “In my view, the organization’s singular
focus on the health care space and historically positive returns have helped generate
tremendous excitement and energy around the firm. I look forward to applying the
experience I’ve gained during my years following the health care space to help
contribute to First Light’s future success.”
About First Light Asset Management
Founded in September 2013, First Light Asset Management is an investment firm focused
on identifying health care companies it believes will provide high investment potential
for its clients. The firm's investment strategy is largely driven by the conviction that a
disproportionate number of health care innovations tend to come from smaller, more
agile companies with disruptive technologies. As a result, First Light finds the greatest
opportunities in micro- to small-cap public securities, balanced with positions in select
mid- to large-cap companies. The firm invests in companies throughout the entire
industry spectrum — from medical devices and equipment, and diagnostic tools, to
health care information technology, biotech, health care services and specialty
pharmaceutical companies. For more information, visit www.firstlightam.com.
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3300 Edinborough Way, Suite 201
Edina, MN 55435
TEL: 952-831-6500
FAX: 952-314-9600
EMAIL: [email protected]
WEB: www.firstlightam.com