Partner Fund Management
Partner Fund Management operates PFM Health Sciences, a privately-held investment advisor founded in 2004 that manages public and private healthcare investments on behalf of institutional capital providers, targeting biopharma, medtech, life sciences, and healthcare service companies.
- Company typePrivate
- Founded2004
- HeadquartersSan Francisco, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Partner Fund Management does
Partner Fund Management operates PFM Health Sciences, LP, a privately-held healthcare-focused investment advisory firm founded in 2004 and headquartered in San Francisco, California. The firm manages both public and private investments on behalf of institutional capital providers, deploying capital into biopharma, medical technology, life science, and healthcare service companies across the capital structure. Founding Partner and Chief Investment Officer Brian Grossman leads the firm, with William R. Goodell serving as Chief Operating Officer. Christopher James is also identified as a founder of the broader Partner Fund Management entity.
The firm's investment philosophy emphasizes a specialist, bottom-up, fundamental approach to the healthcare sector, capitalizing on the intersection of secular healthcare innovation, domain expertise, and demographic trends. It offers the flexibility to invest in both public and private companies, which the firm positions as a structural advantage relative to single-asset-class competitors. Portfolio construction and risk management are designed to dampen volatility while targeting an attractive return/risk profile, with stated commitments to measurable health-outcome impact and responsible stewardship of institutional capital.
Revenue mechanics for PFM Health Sciences are not publicly disclosed and are consistent with the standard institutional investment advisor model: management fees on assets under management and performance fees on fund returns, with no public pricing schedule. Customer acquisition occurs through direct institutional relationships rather than broad marketing channels. The firm does not offer discrete branded products or technology platforms, and serves a dual customer base of healthcare companies seeking specialized capital partners and institutional investors seeking healthcare sector exposure.
Partner Fund Management firmographics
Firmographics- Name
- Partner Fund Management
- Legal name
- PFM Health Sciences, LP
- Website
- https://pfmlp.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Partner Fund Management operates PFM Health Sciences, a privately-held investment advisor founded in 2004 that manages public and private healthcare investments on behalf of institutional capital providers, targeting biopharma, medtech, life sciences, and healthcare service companies.
- Ownership category
- akta.pro rank
Where Partner Fund Management is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Markets served
Partner Fund Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Partner Fund Management product offering
Product offeringCore offering
Partner Fund Management (PFM), operating primarily through its healthcare-focused subsidiary PFM Health Sciences, provides investment advisory services to pooled investment vehicles. Founded in 2004 and led by Founding Partner and CIO Brian Grossman, the firm manages public and private investments in biopharma, medical technology, life science, and healthcare service companies using a specialized, bottom-up, fundamental approach.
Product overview
PFM Health Sciences is a healthcare-focused investment advisory firm that does not offer distinct product brands or named modules. The firm provides investment management services spanning public and private equity investments in biopharma, medical technology, life science, and healthcare service companies. Its service is delivered as a unified advisory offering under the PFM Health Sciences brand, managed by Founding Partner and CIO Brian Grossman. No discrete product lines, platforms, or modules are named in the available source material.
Differentiator
Problem solved
Functional benefit
Products and services
- Healthcare Investment Advisory Services
Companies that use Partner Fund Management
Customer profileSegments2 records
Ideal customer profiles2 records
Partner Fund Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Partner Fund Management partnerships and signals
Strategic signalScale indicators1 record
Recent moves2 records
Expansion highlights2 records
Partner Fund Management competitors and assessment
Company assessmentDirect peers
- RA Capital Management: Healthcare-focused crossover fund investing across public and private biopharma and medtech. Directly comparable to PFM's specialist, full-capital-structure healthcare mandate.
- Cormorant Asset Management: Healthcare-focused hedge fund investing in biopharma and medtech public equities with selective private exposure. Mirrors PFM's healthcare-specialist fund structure.
- Casdin Capital: Healthcare and life-sciences-focused investment manager with public/private crossover exposure. Directly comparable to PFM's vertical-specialist positioning.
- EcoR1 Capital: Biotech-focused investment manager deploying capital across public equities and private rounds in clinical-stage life sciences companies. Strong analog for PFM's specialist healthcare mandate.
- Orbimed Advisors: One of the largest healthcare-dedicated investment firms, managing public and private capital across biopharma, medtech, and diagnostics globally. Highly comparable to PFM's healthcare-specialist, public-plus-private mandate.
- Perceptive Advisors: Healthcare and biotech-focused investment firm with crossover public/private strategies. Comparable to PFM in sector focus and flexible capital-structure approach.
- Baker Bros. Advisors: Long-tenured, healthcare-only investment advisor with deep public and private biotech exposure. Closely mirrors PFM's pure-play healthcare thesis and founder-led structure.
Broad incumbents
- Janus Henderson Investors: Large global asset manager with dedicated healthcare equity strategies among a much broader product set. Comparable as a healthcare investor but not a vertical specialist like PFM.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Partner Fund Management social profiles
Digital presencePartner Fund Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Partner Fund Management leadership team
Management profileNumber of profiles
Profiles3 records
Partner Fund Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Partner Fund Management M&A and investment
M&A and investmentM&A
Investments32 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Partner Fund Management
What does Partner Fund Management do?
Partner Fund Management (PFM), operating primarily through its healthcare-focused subsidiary PFM Health Sciences, provides investment advisory services to pooled investment vehicles. Founded in 2004 and led by Founding Partner and CIO Brian Grossman, the firm manages public and private investments in biopharma, medical technology, life science, and healthcare service companies using a specialized, bottom-up, fundamental approach.
Is Partner Fund Management a public or private company?
Partner Fund Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Partner Fund Management founded?
Partner Fund Management was founded in 2004. It employs 11 to 50 people.
Where is Partner Fund Management based?
Partner Fund Management is headquartered in San Francisco, United States, in the North America region.
Who are Partner Fund Management's main competitors?
Direct peers on record are RA Capital Management, Cormorant Asset Management, Casdin Capital, EcoR1 Capital, Orbimed Advisors, Perceptive Advisors and Baker Bros. Advisors. Janus Henderson Investors is listed as a broad incumbent.
Does Partner Fund Management have an API?
No public API is recorded for Partner Fund Management.