Healthcare & Pharma
TAILWIND
Lowering The Cost Of Care
Evidence & outcome-based models
Strategy
Investing where innovation creates value
Investment Focus
Healthcare and Technology investors across the AI exposure spectrum of agnostic, enhanced and catalysed
Healthcare & Pharma
Technology & Tech Enabled
Sector
Investing in Healthcare and Technology with sector tailwinds
We back cash generative businesses in structurally growing markets and compound them with an AI operating model.
AI POSTURE Agnostic
Specialty & Established Pharma
Cost-effective therapies; LOE & in-licensing
Provider & Post-Acute Platforms
Outcome-based, lower-cost care delivery
AI POSTURE Enabled
Pharma & Clinical Services
Pharmacovigilance, CRO & med-affairs; data-moated
Tech-Enabled Services
TAILWIND
Regulation & Outsourcing
Mission-critical workflows to specialists
AI POSTURE Enabled
Compliance, GRC & Risk Operations
Proprietary financial-crime & governance data
AI POSTURE Agnostic
TICC & Technical Assurance
Proprietary financial-crime & governance data
Specialist Distribution & Logistics
Complex supply chains, fragmented competition
AI Infrastructure & Technology
TAILWIND
The AI Build-out
Compute, power, connectivity & security
AI POSTURE Catalysed
Data Centre Supply Chain
Power, cooling, connectivity & commissioning
Cybersecurity & AI Assurance
Identity, data protection & model governance
AI POSTURE Enabled
Vertical Software & Data Platforms
Proprietary-data moats in regulated workflows
Our STRATEGY
Three pillars of
AI-informed investing
AI-Agnostic
Resilient to AI disruption
Essential healthcare services, regulated pharma products, complex manufacturing, and specialist distribution. Businesses with a defensive moat against AI substitution.
Defensive Moat vs. AI substitution
AI-Enhanced
Amplified by AI adoption
Tech-enabled services, specialty insurance, and TICC businesses. Companies whose value proposition is amplified and accelerated through AI adoption and integration.
$2-4T
GDP opportunity
AI Infrastructure
Physical backbone enabling AI
Data centre supply chain, connectivity infrastructure, and enterprise AI implementation. Investing in the essential physical and digital infrastructure that powers AI adoption.
25–35%
Sector CAGR
