Sightline Partners LLC

About The Fund

Sightline Partners LLC is an alternative investment manager headquartered in Bloomington, Minnesota. They specialize in secondary buyouts and joint venture transactions, with a focus on portfolios of high-quality medical technology, digital health, life sciences, and healthcare service companies. The firm is a successor to Piper Jaffray Ventures, having acquired the healthcare venture capital operations on December 31, 2004. They boast extensive experience in the industry, positioning themselves as a preferred partner for corporations and investors seeking liquidity solutions with their strong brand equity and reputation. Sightline Partners actively manages healthcare secondaries, which includes purchasing ownership interests in private or public equity, private or public debt, or limited partnership interests in a basket or portfolio of companies for which transaction counterparties might include venture capital limited and general partners, corporate investors, hedge funds, or family offices. Each secondary portfolio transaction prompts the formation of a new dedicated investment vehicle equipped with capital to fund the initial buyout and provide reserves for follow-on investments in underlying companies. With assets under management of $355,000,000, they are equipped to handle investments ranging from a minimum of $2,000,000 to a maximum of $6,000,000. They engage with portfolio company management teams to help them navigate business development, anticipate potential setbacks, and provide guidance towards successful outcomes. Sightline Partners values their strong relationships and track record, having acquired over 150 individual equity and debt positions from strategic and institutional investors. They prioritize confidentiality and minimal disruption during the transfer of ownership interests. Furthermore, as a vital partner to growth-stage healthcare companies, they offer financial and operational guidance, facilitating access to capital and steering companies towards a successful exit. Team members have participated as buyers, sellers, board members, and advisors in over 200 successful deals. Sightline Partners also operates in harmony with 10K Lakes Capital, sharing a focus on secondary buyouts and joint ventures for quality healthcare companies.