First Light Asset Management

company

About

First Light Asset Management invests in health care companies that offer high investment potential.

  • 11 - 50

Highlights

Details

Industries
Asset Management,Financial Services,Health Care
Founded date
Sep 1, 2013
Number Of Employee
11 - 50
Operating Status
Active
Investor Type
PE

First Light Asset Management was founded in September 2013 with a singular focus – to invest in health care companies that we believe offer high investment potential. We invest in companies across the entire market cap spectrum and most health care industries, including medical devices and equipment, diagnostic tools, health care information technology, biotech, health care services, and specialty pharmaceuticals – all with a common theme of identifying innovative and disruptive solutions that help save lives, dollars or, oftentimes, both.

Our dedicated and experienced five-person investment team has more than 90 years of combined experience. With input from a network of scientists, clinicians and other industry experts cultivated over the years, our team weighs and assesses critical market and company data to build client portfolios with what we believe are some of the most promising companies in health care today. All with what we feel is an added benefit of being based in the Twin Cities of Minneapolis and St. Paul, a hotbed of health care activity in the United States.

First Light employs what we believe to be a sound and thoughtful investment process that seeks to take a balanced approach to risk and return. This process historically has enabled us to weather market pullbacks with less downside volatility while also participating fully in positive market moves. From stock selection and position sizing to portfolio construction and sell discipline, our deliberate and thoughtful process across all of our investment strategies aims to ensure we are good stewards of our clients’ capital.

Ultimately, First Light's goal is to illuminate the path to successful investing in today’s dynamic health care sector and strive to deliver superior returns for our clients.

Investments

Number of Investments
Number of Lead Investments
3
0
First Light Asset Management has made 3 investments. Their most recent investment was on May 11, 2021, when Caris Life Sciences raised $830M.
Date Company Name
Round Money Raised Industry Lead Investor
Private Equity(PE) $830M Biotechnology
May 5, 2021 NeoGenomics
Post-IPO Equity $200M Biotechnology
Private Equity(PE) $235M Biotechnology