PROPEL BIO PARTNERS

Propel Bio Partners is a new private equity firm targeting high-potential business in the biosciences space. The firm was established during March 2022 by Dr. Leen Kawas and Richard Kayne. Dr. Kawas and Kayne established Propel Bio Partners with the mission to help biosciences businesses that have disruptive technologies further develop those technologies. The firm is especially interested in businesses that are ready to pursue clinical trials or regulatory approval, although promising business... es at other stages might also be considered. When Propel Bio Partners invests in a business, the equity firm will provide both capital and supportive guidance. Starting with Dr. Kawas and Kayne, the firm’s leadership team is a veritable who’s who of the biosciences field. Dr. Leen Kawas comes to the investment firm from Athira Pharma, of which she was both Co-Founder and Chief Executive Officer. At the pharmaceutical company, Dr. Kawas oversaw everything from drug discovery and clinical trials, to operations and financing. She has a doctoral degree in medical research. Richard Kayne has sustained a long career in private equity and venture capital, having established Kayne Anderson Capital Advisors in 1984. The Kayne Anderson firm grew to have billions under management. Richard Kayne has since been personally involved in several promising biosciences startups. A third member of Propel Bio Partners’ leadership team is Dr. Dasom Yoo, whose expertise is in regenerative medicine and stem cells. Dr. Yoo has previously conducted research at Fred Hutchinson Cancer Research Center. She is joining the private equity firm as a Senior Advisor. The trio is complemented by a board room that’s full of leaders from some of the top biosciences companies and high-level government agencies. These advisors have specialized expertise in many areas of research, medicine and business, and it’s Propel Bio Partners’ vision that companies the firm invests in will have access to board members when expertise is needed. Propel Bio Partners maintains offices in Los Angeles, California.More