A side-by-side comparison of two Healthcare investors: Catalio Capital Management (Power Score 82/100) and New Enterprise Associates (Power Score 80/100), both ranked among the most active firms tracked in this category.
| Catalio Capital Management | New Enterprise Associates | |
|---|---|---|
| Power Score™ | 82/100 | 80/100 |
| Assets Managed | $2B (the homepage prints "$2B In assets under management *as of 10/01/2025"; the raw date form is carried here because for a US filer 10/01/2025 reads as 1 October 2025) | $25B+ |
| Founded | 2020 | 1977 |
| Headquarters | New York, NY | Menlo Park, CA |
| Sectors | Healthcare, Biotech, Medical Devices, Diagnostics, Life Sciences, Data | Technology, Healthcare, Life Sciences |
Catalio Capital Management is an SEC-registered investment adviser (CRD 310374, SEC file 801-121976) that describes itself as focused on the full lifecycle of innovative healthcare investing, across private, public and credit markets. It runs four stated strategies: Private Equity and Venture Capital, investing in privately held innovative healthcare companies at all stages from inception to IPO; Structured Opportunities, providing senior-secured financing to healthcare innovators; Public Equities, a fundamental equity long/short strategy investing in global healthcare equities across innovative drugs, devices, diagnostics and data; and Co-Investments offering limited partners direct access to selected deals. The firm operates from New York, Washington DC and London, and states that it works with a network of more than 45 Venture Partners who hold equity interests across all Catalio strategies. It is a multi-strategy healthcare investment manager rather than a pure venture partnership.
View full Catalio Capital Management profile →NEA was founded in 1977 by three men who each brought a different piece of the puzzle: Dick Kramlich, who had trained under legendary investor Arthur Rock; Frank Bonsal, an investment banker who had taken startups public; and Chuck Newhall, who had managed investment funds at T. Rowe Price. Deliberately built with offices on both coasts from day one - unusual for the era - NEA's first fund raised just $16 million, a fraction of the more than $25 billion it manages today.
View full New Enterprise Associates profile →