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We build and back companies that transform human health.

Braidwell provides flexible capital and thoughtful partnership to companies at all stages of development, at all parts of the capital structure, across public, private, and structured capital markets.

Powered by a seasoned team, Braidwell capitalizes on the combined learned experience of a close-knit group of leaders in investment research, medical science, biostatistics, commercial analysis, financial structuring, data science, artificial intelligence, and portfolio engineering.

We share a deep commitment to removing barriers to healthcare and advancing rapid progress in science and medicine. Technology today is quickly reshaping healthcare and life sciences towards this goal. Braidwell is positioned to meet the moment and turn discovery into impact.

Co-Founders

Alex Karnal

Alex Karnal

Chief Investment Officer,
Partner, Co-Founder

Brian Kreiter

Brian Kreiter

Chief Executive Officer,
Partner, Co-Founder

Alex Karnal

Alex Karnal

Chief Investment Officer,
Partner, Co-Founder

Alex leads the Investment Team of Braidwell. Prior to Braidwell, Alex was a Partner, Managing Director and the Co-Portfolio Manager at Deerfield Management, from 2005 until 2021 where he helped create The Cure, Deerfield's healthcare innovation campus. He co-founded and previously served as chairman of The Institute for Life Changing Medicines, a nonprofit dedicated to developing medicines for people suffering from less common, life-threatening, diseases around the world. Alex previously served on the Board of the Biotechnology Innovation Organization, the Museum of Science, the Children's Health Fund as Vice Chairman, New York Academy of Medicine, Discovery Labs, and Recovery Centers of America, the latter two of which he co-founded. Earlier in his career, he was a member of Merrill Lynch's Global Equity Linked Products Group, as well as its Capital Markets team. He received a B.S. from the Massachusetts Institute of Technology and an M.S. from Johns Hopkins University.

Brian Kreiter

Brian Kreiter

Chief Executive Officer,
Partner, Co-Founder

Brian is the Chief Executive Officer of Braidwell. Previously, Brian served as the Chief Operating Officer of Bridgewater Associates, one of the largest investment managers for governments, central banks, pension funds, endowments, and foundations. At Bridgewater, he was a member of the Board of Directors, and held key leadership roles, including Chief of Staff to the firm's founder, Ray Dalio, Department Head of Client Service, and Department Head of Investment Research. Earlier in his career, he was a consultant at McKinsey & Company. Brian co-founded LIFT in 1998, a national organization that helps families break the cycle of poverty—an effort for which he and his co-founder received the 2004 National Jefferson Award for Public Service. In 2020, he co-founded NeighborShare, a technology-driven nonprofit that enables frontline heroes to identify and connect "neighboring" donors with families in need. Brian holds a B.A. from Yale University and an M.B.A. from Harvard Business School.

We seek to serve our partners with unique capability, determination, creativity, and humility to accelerate our collective fight against disease.