Dr. Ryan
General Partner
Stage: Growth Equity
Focus: Healthcare
Location: Palo Alto, U.S.

Ryan brings to Norwest Venture Partners more than thirty years of healthcare experience and twenty years as a growth equity and buyout investor. Combining deep medical knowledge and extensive strategic business experience, Ryan focuses on growth equity investments in the healthcare sector in Norwest’s Palo Alto office. Areas in which he invests include healthcare services, pharma services, healthcare IT, and medical products. Ryan’s current investments include American Endovascular, Blue Cloud, Elligo Health Research, Kyo (formerly Gateway Learning Group), Mindful Health Solutions, Onsite Dental, and Target RWE. His previous investments include Capsugel (acquired by Lonza), Crossover Health (acquired by Gurnet Point Capital), iCardiac (acquired by ERT), and Rivermend Health.

Prior to joining Norwest, Ryan was a Principal with The Carlyle Group and a Venture Partner with Industry Ventures, where he focused exclusively on healthcare services, pharmaceutical, and medical device investments from large cap buyouts to growth equity and venture.

At Carlyle, Ryan’s deals led to realized profitable exits of more than $2.4 billion equity value. He served as a member or observer on the Board of Directors of Align Technologies (Nasdaq: ALGN), AqueSys, Colin Medical, ConnectiCare, MedPointe Pharmaceuticals, Multiplan, NeoVista, and Qualicaps.

Prior to joining Carlyle in 2002, Ryan was a consultant in the West Coast Healthcare Practice of McKinsey & Company, where he worked with a variety of biotechnology, pharmaceutical, and medical device companies on corporate, R&D and marketing strategies.

Ryan has authored more than 25 peer-reviewed comparative effectiveness articles in publications such as JAMA, Lancet, Annals of Internal Medicine, and the Journal of Health Economics.

Ryan holds an M.D. from the University of California, San Francisco, School of Medicine. In addition, he earned an M.S. in health research and policy, and a B.A. in psychology from Stanford University. Ryan also attended Oxford University’s Magdalen College.

Get To Know Ryan
  • 01
    First (and worst) job:
    Gary's Delicatessen in Miami, FL
  • 02
    What is your favorite quote?
    “Peculiar travel suggestions are dancing lessons from God.” - Kurt Vonnegut
  • 03
    What is your favorite movie?
    Pulp Fiction