Mr. Morgan has over 20 years of experience as an entrepreneurial private equity investor and operating partner focused on early-stage life science and technology concerns. He has closed over $180 million in career-to-date capital transactions, including three liquidity events with publicly traded firms. The IRR realized by investors on Mr. Morgan’s portfolio of companies has been over 28% since 1998, placing him among the top-performing decile of private equity managers. Since January 2007, Mr. Morgan has served as Managing Director of Caravel Ventures, LLC where he has been responsible for 18 capital infusions into 12 different operating companies, acting as the full-time executive officer of seven of those portfolio companies. Notable roles include serving as co-founder and Chief Financial Officer of Strand Diagnostics, LLC, a leading CLIA-certified precision medicine laboratory, and President and Chief Operating Officer of Animated Dynamics, Inc., a precision diagnostics company developing novel technology for personalized chemotherapy selection. Since 2017, he has been the Managing Director and Chief Financial Officer of Health Cloud Capital Fund I, LP, a private equity fund targeting growth-stage precision health SaaS companies. Mr. Morgan has also has served as a finance and strategy consultant and Board observer for hc1.com, Inc for the past 6 years. He has authored several peer-reviewed scientific papers and presentations and has been awarded 11 life science patents as named inventor and/or assignee. Mr. Morgan is a CPA (inactive) licensed in Indiana and is a certified Lean Six Sigma Greenbelt. He began his finance career as an auditor at KPMG Peat Marwick and holds a B.S. in Accounting from Indiana University and an MBA from Babson.
Mr. Morgan has over 20 years of experience as an entrepreneurial private equity investor and operating partner focused on early-stage life science and technology concerns.