Alta Partners

Last updated
Alta Partners
Type Private ownership
Industry Private equity
Predecessor Burr, Egan, Deleage & Co.
Founded1996
Founder Dr. Jean Deleage, Ph.D., Garrett Gruener, Marino Polestra, Guy Paul Nohra
Headquarters One Embarcadero Center
San Francisco, California, United States
Products Venture capital
Website www.altapartners.com

Alta Partners is a venture capital firm based in San Francisco which invests primarily in biotechnology and life science companies.

Contents

History

The company was founded in 1996 by Dr. Jean Deleage, Ph.D., who was also a founder of the venture capital firms Burr, Egan, Deleage & Co. (BEDCO) and Sofinnova, together with Guy Paul Nohra, Marino Polestra, and Garrett Gruener, all former general partners at BEDCO.[ citation needed ]

Alta Partners is actively investing out of its latest early stage fund called Alta Nextgen II by managing directors Dan Janney, Pete Hudson, MD, and Bob More. Co founders Jean Deleage and Marino Polestra have died while Garrett Gruener is retired. Guy Nohra is currently managing Alta Spain I out of Barcelona Spain.

The company was founded in 1996 and invests in biotechnology and life science companies. According to the company website, over the past 22 years, Alta has invested in over 150 companies, including some of the leaders in the biopharmaceuticals, medical technology, healthcare services, and information technology sectors.[ citation needed ]

The firm is no longer associated with the Boston-based venture capital firms, Alta Communications, or Polaris ventures which also trace their roots to Burr, Egan, Deleage & Co.

Investment funds

Since 1996, Alta has raised nine venture capital funds including four funds in its Alta California Funds series, three funds in its Alta Biopharma Partners series, Alta Partners VIII, and most recently Alta Partners NextGen Fund I with $130 million of investor commitments.[ citation needed ]

The following is a summary of the venture capital funds raised by Alta as of 2018:

Investments

Notable investments include, Kite Pharmaceuticals, ZS Pharma, Esperion, Allakos Chemgenx, DeCode Calistoga, Aerie, Cymabay, Tyra Biosciences. [1] For a full list of investments please go to Alta’s Web site.


See also

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References

  1. "Carlsbad's Tyra Biosciences nets $50 million to combat drug resistance in cancer therapies". San Diego Union-Tribune. 2020-01-21. Retrieved 2020-04-23.