Raising from VC and PE in Health Tech with Meg FitzGerald of Grey Ghost Capital

In this episode of Second Opinion, Meg FitzGerald, a nurse turned private equity investor, offers insights into how VCs and PEs are thinking of investing in healthcare and everything founders should know to raise from both. She discusses the slowdown in private equity deals due to high interest rates and market uncertainty, and highlights the merging of venture capital and private equity in healthcare, particularly in growth capital. She shares her experience transitioning from a clinical background to private equity, underscoring the value of healthcare expertise in investment decisions. Second Opinion is a podcast from Turpentine. Learn more: www.turpentine.co

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FOLLOW:

Meg https://www.linkedin.com/in/meghanmfitzgerald/

Christina https://www.linkedin.com/in/christinafarr/

Luba https://www.linkedin.com/in/lubagreenwood/

Ash https://www.linkedin.com/in/ashzenooz/

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RECOMMENDED PODCAST: TURPENTINE VC

Investor Erik Torenberg interviews partners at the top VCs in the world to learn their approach to the art and science of building a successful venture firm.

Apple: https://podcasts.apple.com/us/podcast/id1701006772

Spotify: https://open.spotify.com/show/3Yb8ErLRnyoAqn4Y6NegTx

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TIMESTAMPS:

(00:00) Intro

(00:59) Meet Meg FitzGerald: Nurse and Private Equity Investor

(01:19) Private Equity in Healthcare: Current Market Dynamics

(03:09) Venture Capital vs. Private Equity in Healthcare

(05:00) Challenges and Opportunities in Health Tech

(11:23) The Role of Private Equity

(18:51) Awell

(19:49) Advice for Healthcare Professionals Entering Private Equity

(31:26) The debrief

(35:00) Wrap