
Sectoral Asset Management
Description
Sectoral Asset Management is a distinguished investment firm based in Montréal, Canada, specializing exclusively in the global healthcare sector. Established with a deep commitment to understanding the complexities of the healthcare industry, the firm manages diverse investment portfolios for institutional and private clients. While widely recognized for its expertise in public equity markets, Sectoral Asset Management also operates a dedicated private equity arm, extending its investment reach to late-stage private companies within the same specialized domain. This dual approach allows the firm to leverage its extensive industry knowledge across the entire lifecycle of healthcare innovation, from established public entities to promising private ventures.
The firm's private equity strategy was formally launched in 2017, marking a strategic expansion into direct investments in private healthcare companies. This initiative culminated in the successful final close of its inaugural fund, Sectoral Healthcare Private Equity Fund I, L.P., in 2021, securing approximately US$200 million in total commitments. This fund is specifically geared towards identifying and investing in late-stage private healthcare companies that exhibit strong fundamentals, possess proven business models, and demonstrate clear pathways to liquidity, typically through an initial public offering (IPO) or an acquisition. Sectoral's investment thesis in private equity emphasizes partnering with companies that are beyond the early development stages, focusing instead on those poised for significant growth and market penetration.
Sectoral Asset Management differentiates itself through its profound, sector-specific expertise and an extensive global network within the healthcare industry. This specialized knowledge is critical for conducting thorough due diligence and providing strategic value-add to its portfolio companies. The firm’s team of investment professionals leverages years of experience in healthcare research and investment to identify attractive opportunities and support the growth of its private equity holdings. By focusing on a niche yet expansive global healthcare market, Sectoral aims to generate superior returns for its investors while contributing to the advancement of the healthcare ecosystem. Their approach underscores a commitment to long-term partnerships and a disciplined investment process tailored to the unique dynamics of the healthcare sector.
Investor Profile
Sectoral Asset Management has backed more than 51 startups, with 2 new investments in the last 12 months alone. The firm has led 14 rounds, about 27% of its total and boasts 23 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Series C, Post Ipo Equity rounds (top funding stages).
- Majority of deals are located in United States, United Kingdom, France.
- Strong thematic focus on Health Care, Biotechnology, Medical.
- Led 1 rounds in the past year.
- Typical check size: $5M – $25M.
Stage Focus
- Series B (35%)
- Series C (29%)
- Post Ipo Equity (12%)
- Series D (8%)
- Series E (6%)
- Private Equity (4%)
- Series A (4%)
- Series Unknown (2%)
Country Focus
- United States (73%)
- United Kingdom (8%)
- France (6%)
- Switzerland (6%)
- Israel (4%)
- Sweden (4%)
Industry Focus
- Health Care
- Biotechnology
- Medical
- Therapeutics
- Medical Device
- Pharmaceutical
- Life Science
- Biopharma
- Genetics
- Wellness
Frequently Asked Questions
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