Pete has over 30 years of health care operating and venture capital experience. In addition to co-founding Thomas, McNerney & Partners, Pete co-founded Coral Ventures in 1992, where he was responsible for health care investing. Pete has served on the board of a number of the Coral Ventures' and Thomas, McNerney and Partners' portfolio companies. Prior to joining Coral in 1992, Pete was a co-founder and Managing Partner of The Kensington Group, a firm specializing in providing management services to early stage companies in the health care field. In 1986, he founded and was Chief Executive Officer of Memtec North America, a company established to commercialize cross flow membrane microfiltration technology in North America. Previously, Pete spent 11 years with Baxter Healthcare Corporation, where he held various general management positions in the U.S., Europe, Middle East and Southeast Asia. He has served as President of the Minnesota Venture Capital Association and is on the Board of Trustees of Blue Cross and Blue Shield of Minnesota. A Certified Public Accountant, Pete received a B.A. from Yale and an M.B.A. from Stanford University.  Pete was a 2014 fellow at Harvard's Advanced Leadership Initiative program.

• B.A., Yale University
• MBA, Stanford University

• Founder & Senior Advisor, Thomas, Mcnerney & Partners, 2001-present
• Partner, Coral Ventures, 1992-2001
• Partner, The Kensington Group, 1990-1992
• Chief Executive Officer, Memtec North America, 1986-1989
• Management, Baxter Healthcare, 1975-1986

Field Study (KIEI-498-0)
Field Studies include those opportunities outside of the regular curriculum in which a student is working with an outside company or non-profit organization to address a real-world business challenge for course credit under the oversight of a faculty member.

Forging and Funding Healthcare Startups (HCAK-927-0)
The objective of the course is to educate students on the complex challenges of founding, building and investing in innovative early stage companies in the health care industry, an industry with unique challenges. The course will review the different segments within health care each with their own challenges, medical devices, health care services (including IT) and life sciences. It will be comprised of both classroom and experiential learning. Students will be placed on teams and each team will be paired with an early stage company at MATTER, a large health care incubator based in Chicago, and work on a project designed by the company and approved by the faculty. The objective is to provide each student with a first-hand appreciation of the challenges faced by early stage health care companies and to give an opportunity to the students to add real value to those companies. Students will spend time both in Evanston and downtown with their assigned company or working on their project. Readings will include industry literature and company backgrounds. Guest speakers will include venture capitalists and the CEOs of early stage health care companies. Assignments will include short investment memos, project reports and a final paper.

NUVention: Medical Innovation II (HCAK-616-0)

**HCAK-615 is a two-quarter sequence course in conjunction with HCAK6**

NUvention Medical is a two term course designed to give students the experience of being an innovator and entrepreneur in the world of medical devices and health information technology. Students form teams and each team conceives of or identifies an innovative new product or service that meets an existing market need and develops a prototype and a plan to commercial the product or service. Students from Feinberg School of Medicine, McCormick School of Engineering, Pritzker School of Law and Kellogg School of Management will participate in the course with at least one student from each school on each team. In the fall term, student teams will explore unmet market needs, understand market characteristics that are important to investors, conceive of or identify an innovative product with a convincing value proposition and "pitch" their idea. In the winter term, the teams will be expected to analyze the customer and influential stakeholders, formulate a commercialization plan and develop the appropriate regulatory, intellectual property and reimbursement strategies. These will be incorporated into a business plan and an investor presentation. In addition each team will be required to develop a viable prototype. The quality of the presentations, prototype and business plan form an important part of the student's grade. Both the fall pitch and final presentation will be made to a group of experienced health care executives and investors some of whom help sponsor the course. Readings include text, industry articles and a few cases. Classes are held at the law school, KGH, the Ford design center and a local incubator and accelerator. A number of classes have guest speakers. Students are evaluated on the basis of both team assignments and individual assignments with team assignments more heavily weighted. Students must complete both terms in order to be awarded a grade. Permission from the student's school faculty representative is required to register. Students must take both the fall (I) and winter (II) quarter courses, in sequence, and will earn 2.0 credits after successfully completing both courses. Students in the 2 Year Full Time program and the Evening & Weekend program must have completed one full year. Students in the 1 Year program need to have completed the summer quarter.

NUVention: Medical Innovation I (HCAK-615-0)

**HCAK-615 is a two-quarter sequence course in conjunction with HCAK-616**

NUvention Medical is a two term course designed to give students the experience of being an innovator and entrepreneur in the world of medical devices and health information technology. Students form teams and each team conceives of or identifies an innovative new product or service that meets an existing market need and develops a prototype and a plan to commercial the product or service. Students from Feinberg School of Medicine, McCormick School of Engineering, Pritzker School of Law and Kellogg School of Management will participate in the course with at least one student from each school on each team. In the fall term, student teams will explore unmet market needs, understand market characteristics that are important to investors, conceive of or identify an innovative product with a convincing value proposition and "pitch" their idea. In the winter term, the teams will be expected to analyze the customer and influential stakeholders, formulate a commercialization plan and develop the appropriate regulatory, intellectual property and reimbursement strategies. These will be incorporated into a business plan and an investor presentation. In addition each team will be required to develop a viable prototype. The quality of the presentations, prototype and business plan form an important part of the student's grade. Both the fall pitch and final presentation will be made to a group of experienced health care executives and investors some of whom help sponsor the course. Readings include text, industry articles and a few cases. Classes are held at the law school, KGH, the Ford design center and a local incubator and accelerator. A number of classes have guest speakers. Students are evaluated on the basis of both team assignments and individual assignments with team assignments more heavily weighted. Students must complete both terms in order to be awarded a grade. Permission from the student's school faculty representative is required to register. Students must take both the fall (I) and winter (II) quarter courses, in sequence, and will earn 2.0 credits after successfully completing both courses. Students in the 2 Year Full Time program and the Evening & Weekend program must have completed one full year. Students in the 1 Year program need to have completed the summer quarter.

Field Study (HCAK-498-0)
Field Studies include those opportunities outside of the regular curriculum in which a student is working with an outside company or non-profit organization to address a real-world business challenge for course credit under the oversight of a faculty member.

Field Study (FINC-498-0)
Field Studies include those opportunities outside of the regular curriculum in which a student is working with an outside company or non-profit organization to address a real-world business challenge for course credit under the oversight of a faculty member.