CalPERS Investment in New Venture Capital Firm Focused on Health Care Improvements

CalPERS Investment in New Venture Capital Firm Focused on Health Care Improvements

CalPERS has invested $700 million to help launch a private equity fund headed by David Brailer, a former Bush administration official. Brailer and Clark McKinley of CalPERS spoke with California Healthline about the fund.

In a California Healthline Special Report, David Brailer — former national coordinator for health IT — and CalPERS spokesperson Clark McKinley discussed the launch of Brailer’s private equity fund.

CalPERS for the first year is expected to be the sole investor in the fund, called Health Evolution Partners.

The fund will invest in companies that can improve quality and efficiency while increasing consumer control of health care, Brailer said.

Brailer and McKinley also discussed:

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