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Today: November 14, 2024
May 20, 2024
1 min read

Southern Surgeons Challenge Wall Street with New Venture Capital Fund


TLDR:

Two surgeons in the Southern Highlands have launched a $50 million venture capital fund to commercialize medical research, challenging the expertise of investment bankers and fund managers.

  • Orthopaedic surgeons Nick Hartnell and Ashish Diwan founded SoHi Partners, a VC fund based in Bowral.
  • The fund has already received commitments of $12 million within its first two months.

Two surgeons based in the Southern Highlands are aiming to disrupt the traditional investment landscape with the launch of a new $50 million venture capital fund. Nick Hartnell and Ashish Diwan, both orthopaedic surgeons, founded SoHi Partners with the belief that they can excel in commercializing medical research where investment bankers and fund managers may fall short. The fund, headquartered in Bowral, has demonstrated early success by securing commitments totaling $12 million within just two months of opening its first fund.


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