Healthcare >> Money Manager Interviews >> November 22, 2004


Sam Katz serves as the CEO of Wellspring BioCapital Partners. Prior to co-founding the firm in April 2004, he was the President of Wynnefield Capital Advisors, Inc., a manager of two private equity co-investment funds that has been an investor in early-stage biotechnology companies in the Philadelphia area. He is also a co-founder and Director of the Biotechnology Greenhouse of Southeastern Pennsylvania and is a Director of the University City Science Center. Mr. Katz also served (from 2000-2003) as the CEO of Greater Philadelphia First, a civic organization focused on growing the region as a knowledge-based economic center. Mr. Katz has had extensive experience raising capital for a wide range of projects, public infrastructure and private businesses. Mr. Katz spent 19 years at Public Financial Management, Inc., where he served as co-CEO. The firm was the nation's leading capital formation and investment advisor to state and local governments. He has been a candidate for Governor of Pennsylvania and Mayor of Philadelphia. Mr. Katz is or has been a member of the Board of Directors of the Erie Insurance Group (2000-2004), the Hershey Entertainment and Resort Company (since 2000), and GCom2 Solutions, Inc., (since 2003) as well as numerous charitable and civic organizations. Mr. Katz is a graduate of Johns Hopkins University and the New School for Social Research. Profile
TWST: Would you start with a history and overview of WellSpring?

Mr. Katz: WellSpring was started in April 2004. For several years, my

partner, Jeff Feldman, a veteran of investment banking