Promotions come as the firm is positioned for accelerated growth
NEW YORK–(BUSINESS WIRE)–Exome Asset Management LLC (“Exome”), an innovative asset management company focusing on investing in public markets across the worldwide healthcare industry, today announced that Alex Forschner and Joseph Narvaez have joined Managing Partner and Founder Sam Isaly as Partners in the firm’s Corporate Office. Mr. Forschner has been promoted to President and Mr. Narvaez has been promoted to Chief Operating Officer. Both Mr. Forschner and Mr. Narvaez are founding Partners of the firm.
These promotions come at a period of accelerated growth for Exome. Since its founding in 2018, Exome has doubled its investor base and has recently accelerated its capital raising goals, targeting an additional $150 million in Assets Under Management (AUM) for each of its two investment strategies. The firm recently relocated its office to 330 Madison Avenue, doubling its space so that it may continue to hire the most capable individuals around the globe.
“Alex and Joe have made critical contributions to the growth of Exome since its founding, and it gives me great pleasure to welcome them to the Corporate Office,” said Mr. Isaly. “I am confident the wisdom and leadership they have demonstrated over the past five years will support the continued growth of Exome, our team and our two investment strategies. As we look toward the future, Exome is well positioned to continue delivering superior returns for investors as we source the best and most innovative healthcare investments across all sectors, anywhere in the world.”
As President, Mr. Forschner is responsible for strategic initiatives, client relationships and business development. Mr. Forschner joined Exome in 2020, when the firm converted from a single-family office, and has over seventeen years of investment experience across various financial instruments in both global public and private equity markets. Prior to joining Exome, Mr. Forschner was Senior Managing Director at Maxim Group, where he co-led the firm’s Merchant Capital Division, oversaw $1 billion in deal flow and was responsible for sourcing and structuring multiple equity and debt deals.
As Chief Operating Officer, Mr. Narvaez is responsible for overseeing operations for the firm. Mr. Narvaez joined Exome in 2018 and has over fifteen years of operations experience, including over twelve years of experience within financial services. Prior to joining Exome, Mr. Narvaez served as a Network Manager at OrbiMed Advisors LLC, where he managed the firm’s IT systems.
About Exome Asset Management
Exome Asset Management LLC is an innovative long-biased asset management firm focused on investing throughout the entire healthcare industry, which accounts for approximately 10% of the global stock market. Exome focuses on both developed and emerging markets using a bottom-up perspective, conducting rigorous fundamental research to identify potential long-term winners throughout the healthcare sector. The objective of Exome Asset Management is to achieve long-biased returns with market neutral risks by taking advantage of dislocations in relative values that may occur due to geographic influences.
Contacts
Alex Forschner
President
(212) 403-3900
[email protected]
