"Second Opinion" with Christina Farr, Ash Zenooz MD & Luba Greenwood JD cover image

"Second Opinion" with Christina Farr, Ash Zenooz MD & Luba Greenwood JD

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

Aug 21, 2024
Meg FitzGerald, a nurse turned private equity investor at Grey Ghost Capital, dives deep into the healthcare investment landscape. She discusses the slowdown in private equity deals driven by high interest rates and how venture capital is merging with private equity in health tech. FitzGerald emphasizes the importance of clinical expertise in making investment decisions and shares insights on navigating the digital health market. She also provides strategies for healthcare professionals looking to break into this competitive field.
38:54

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The current slowdown in private equity due to high interest rates necessitates a strategic approach for evaluating investment opportunities amidst market uncertainty.
  • The merging of venture capital and private equity in healthcare emphasizes the need for professionals with clinical backgrounds to enhance investment decisions and identify valuable opportunities.

Deep dives

Challenges in Private Equity Activity

Current market conditions have significantly affected private equity's engagement in healthcare, with spiking interest rates and declining deal-making leading to a notable slowdown. Despite a backlog of approximately $3 trillion involving 28,000 companies potentially up for sale, the financial landscape has made it challenging for investors to secure necessary funding. Private equity firms are hesitating to sell valuable assets at discounted rates, thus creating a stalemate between those wanting to buy and those reluctant to sell. This environment requires investors to adopt a more strategic approach, thoroughly evaluating opportunities in light of these economic pressures.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode