Healthcare VC Investor Lisa Suennen Takes New Role at Manatt
Suennen, who left GE's venture capital subsidiary in August, will head Manatt's venture fund and lead its digital businesses.
November 14, 2018 at 10:02 AM
3 minute read
Manatt Phelps & Phillips has hired Lisa Suennen, a prominent healthcare-focused venture capital investor in the San Francisco Bay area, to lead its digital and technology businesses and its venture capital fund.
Suennen left her role as a senior managing director at GE Ventures' Healthcare Venture Fund in August, after close to two years at the venture capital subsidiary of GE. She was most recently managing partner of Venture Valkyrie, an advisory firm she founded, and she is also a co-founder of CSweetener, a mentoring network for women in the healthcare and life sciences sectors.
“I felt that Manatt offered me four key things I really wanted: great, diverse people to work with; great people who welcome me at the table; a way to stay engaged in healthcare and venture capital while learning new things beyond these categories; a return to actively growing something; and a great culture where I can be exactly who I am and be appreciated for it,” said Suennen. She will take up her new position at Manatt in early January.
Before moving to GE Ventures in 2014, she spent 15 years as a partner at Psilos Group, a venture capital and growth equity firm focused on healthcare. She headed the firm's West Coast office in Corte Madera from its founding in 1998.
“Lisa's expertise, knowledge and network of contacts touch every aspect of Manatt's industry-focused platform,” said Donna Wilson, the firm's chief executive officer and managing partner-elect, in a statement Monday. “Her unique understanding of technology and of what it takes for transformative strategic investments to work will accelerate the ongoing expansion of our unique, multidisciplinary professional services platform.”
Suennen will head the Manatt Venture Fund, which was created in 2000. The firm said she would also strengthen the consulting work of Manatt Health, which combines the firm's legal, policy, consultancy and advisory services related to healthcare.
Manatt, which has grown to more than 400 professionals working across the firm's nine offices, has been investing in its interdisciplinary healthcare practice, touting it as part of what it calls a transformation from being a traditional law firm to an “integrated professional services firm that combines its legal capabilities with deep strategic, analytics and public policy capabilities.”
“I have spent my entire career at the intersection of technology and health,” Suennen said. “I have been an entrepreneur and worked in a large company. I have been one who builds companies and one who helps them grow. All of these are relevant skills to my new role, and I'm excited to look at them as an integrated whole and build off the terrific platform that Manatt has already built.”
Correction: An earlier version of this story mistakenly said Manatt Venture Fund had grown to more than 400 professionals working across the firm's nine offices. The number of professionals and offices applied to the whole Manatt firm rather than its venture fund.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllFaegre Drinker Adds Three Former Federal Prosecutors From Greenberg Traurig
4 minute readAnapol Weiss Acquires Boutique Led by Star Litigator Alexandra Walsh
5 minute readPierson Ferdinand Lures Veteran M&A Specialist From Sheppard Mullin in Silicon Valley
4 minute readTrending Stories
- 1When Police Destroy Property, Is It a 'Taking'? Maybe So, Say Sotomayor, Gorsuch
- 2New York Top Court Says Clickwrap Assent Binds Plaintiff's Personal-Injury Claim to Arbitration in Uber Case
- 3'You Can’t Do a First Draft of Common Sense': Microsoft GC Jon Palmer Talks AI, Litigation, and Leadership
- 4About the Awards: Southeastern Legal Awards Q&A with Regional Managing Editor Michael Marciano
- 5Private Credit Boom: Miami’s Role as a Financial and Litigation Hub
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250