PFM Health Sciences

PFM Health Sciences, founded in 2004, is a San Francisco-based healthcare investment manager managing approximately $2 billion in public and private investments. The firm is led by its Founding Partner and CIO, Brian Grossman. Their focus lies in partnering with innovative biopharma, medical technology, life sciences, and healthcare service companies. **Goals and Philosophy:** 1. **Innovation:** The firm believes that the current healthcare innovation cycle will yield transformative investment opportunities. 2. **Specialization:** A bottom-up, fundamental approach benefits from growth, expertise, and demographic trends. 3. **Sustainability:** Partnering with companies that have measurable and sustainable health impacts. 4. **Risk Management:** Their strategy is designed to dampen volatility while providing a favorable return/risk profile. 5. **Flexibility:** They invest across the capital structure in both public and private companies. Unfortunately, the specific investing thesis could not be located in detail, but the firm emphasizes disruptive innovation within the healthcare sector as a central theme for investment.