Who We Are
An Alternative Investment Manager
Sightline Partners is an alternative investment manager focused on secondary buyouts and joint venture transactions for portfolios of high-quality medical technology, digital health, life sciences and healthcare service companies.
History of Sightline Partners
Sightline Partners LLC is the successor firm to Piper Jaffray Ventures, having acquired the healthcare venture capital operations from Piper Jaffray Companies on December 31, 2004. Our main office is based in Minnesota, “The State of Hockey”, and our firm’s name was influenced by the sport of hockey.
In hockey, whether you are a player, coach, referee, or spectator, it is crucial to have the best SIGHTLINE to see the action and plays as they develop on the rink. At Sightline Partners, we strive to do the same for our portfolio companies and our limited partners. We fully engage with the management teams as their business plays develop; we help anticipate potential areas that could result in penalties that cause delays in achieving critical milestones and we make every effort to help coach winning outcomes.
We actively manage portfolios of high-quality healthcare companies by leveraging our decades long experience as investors, operators and advisors
How We Invest
Active Management of Healthcare Secondaries
Secondary buyouts or joint ventures include purchasing ownership interests in private or public equity, private or public debt or limited partnership interests in a “basket” or portfolio of high-quality companies.
Transaction counterparties typically include venture capital limited and general partners, corporate investors, hedge funds or family offices that are seeking complete or partial liquidity for various strategic and/or financial reasons.
For each secondary portfolio transaction, Sightline Partners forms a new dedicated investment vehicle with capital to fund the initial buyout and provide adequate reserves for follow-on investments in the underlying portfolio companies.
What We Accomplish
Strong Relationships & Track Record
Our strong brand equity and reputation in this industry position us as a preferred partner for corporations and investors seeking liquidity solutions.
We have deep experience in the secondary market and have acquired over 150 individual equity and debt positions from strategic and institutional investors.
We take great pride in efficiently and successfully transferring ownership interests from the selling counterparty, while maintaining confidentiality and minimizing disruption at the underlying portfolio companies.
We are healthcare industry veterans, with extensive experience in successfully underwriting & actively managing secondary transactions
Financing the Future of Healthcare Innovation
Sightline Partners is a vital partner to growth-stage healthcare companies. We provide a pathway for our portfolio companies to access greater amounts of capital as well as the financial and operational guidance they seek on their path to a successful exit. Our team members have served as buyers, sellers, board members and advisors to healthcare innovators in more than 200 successful deals.
Sightline Partners is a sister company to 10K Lakes Capital with the same focus on secondary buyouts and joint venture transactions for high-quality companies in the healthcare industry.
If you have a portfolio of investment positions where we may be able to finance or acquire, let’s connect.