Grant Jackson Joins Aurora Funds As Senior Associate For Life Sciences
Jackson Brings Healthcare Services Investment Experience to Auroraâ€™s Life Science Team
Research Triangle Park, N.C. (May 11, 2004) – The Aurora Funds, one of the leading early stage venture capital firms in the Southeast, today announced that Grant Jackson has joined Auroraâ€™s Life Science team as Senior Associate. In his new role at The Aurora Funds, Jackson will source new investment opportunities in the healthcare services and device industries. He will also support existing Aurora life science and healthcare portfolio companies.
Prior to joining Aurora, Grant worked with First Analysis Corporation, a regional Investment Bank and Private Equity firm in Chicago, Illinois, where he specialized in venture Capital investments and public equity research in the healthcare services sector. His venture investment background includes board level experience in all stages of the portfolio company life cycle, from deal sourcing to investment exit.
â€œGrant has great business, investment and healthcare experience and a proven track record to back that up, explained Jeff Clark, Managing General Partner of The Aurora Funds. â€œThat combination will enable him to make an immediate impact here at The Aurora Funds. His public and private company investment experience brings an added dimension to Aurora
â€œI was attracted to Aurora because of the strength of the team, the collaborative culture and the firmâ€™s access to attractive companies in the Southeast, said Jackson. â€œMy new team shares my view that successful venture capitalists invest in smart, high-integrity management teams in attractive industries.
â€œI am ready to find those emerging companies that are looking for an active investment partner, and who are willing to constantly reinvent and refine their businesses to ensure success, he added.
Prior to joining First Analysis in 2001, Jackson handled venture capital activities at Compaq Computer Corp. Earlier, he was a manager at Accenture, where he served on merger assessment and implementation teams, building managerial, financial, and operational skills in multiple industries.
Jackson earned an MBA with distinction from Northwestern Universityâ€™s Kellogg School of Management, where he was awarded the Siebel Scholarship, an academic achievement and leadership award given to the top five students at five of the top graduate business schools in the nation.
About The Aurora Funds
Founded in 1994, The Aurora Funds is a venture capital firm that provides capital, connections and strategic help to entrepreneurs with early stage life science and information technology companies. Auroraâ€™s investment team members have over 45 years of combined venture capital experience and over 40 years of high technology operational experience. The firm raised its first fund in 1995 and recently closed its fourth fund of $85 million, bringing the total capital under management to over $155 million.
Aurora typically invests in seed and first round financing opportunities. The firmâ€™s initial investment size ranges from $50,000 in a seed investment to as much as $2.0 million in a first round financing. The firm has the capacity to invest between $4 million and $7 million throughout the life cycle of an investment. More information is available at www.aurorafunds.com.