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modest decline in the growth rate in recent years, healthcare continues to account for a very high portion of U.S. GDP. The Centers for Medicare and Medicaid (CMS) estimates healthcare spending in the United States will reach $5 trillion in 2022 and represent about 20 percent of GDP. Long term CMS expect
the Principals' previous experience in investing and monitoring the industry, as well as their strong connections globally. Where appropriate, the Principals will provide advice and introductions to the Fund's portfolio companies. The Principals will typically take a board-observer seat and/or ask for reg
oval process for generic biologics and granting exclusive marketing rights to original manufacturers for 12 years, (iv) increased drug rebates to the Medicaid program, and (v) disclosure requirements for financial relationships between various healthcare entities. Within the U.S., the pharmaceutical indust
icipated Fund expenses. Exculpation and None of General Partner, the partners of the General Partner, Indemnification: the members of the GPLLC, the Principals, the Management Company, or any partner, member, stockholder, officer, director, manager, trustee, employee, agent or affiliate of any of the forego
healthcare spending and its seemingly relentless growth are problematic for the US. Public spending on healthcare—primarily through the Medicare and Medicaid programs—is crowding out other state and national priorities, including education, social security, national defense, and deficit eduction. High he
and well executed due diligence of critical risks is key to investment success. We believe that the complementary skillsets and backgrounds of the Principals will allow for the identification of critical issues and risks. We work closely with our network of founders, scientists & academicians, pharmaceut
Entities connected to both Medicaid and Principals

Jeffrey Epstein
PERSON
United States
LOCATION
Virginia Giuffre
PERSON
Marc Rich
PERSON
Julie K. Brown
PERSON
George W. Bush
PERSON
Stephen Hawking
PERSON
George Mitchell
PERSON
Samantha Power
PERSON
Minnesota
LOCATION
Eric Trump
PERSON
Wisconsin
LOCATION
John F. Kennedy
PERSON
Oregon
LOCATION
Poland
LOCATION
United Kingdom
LOCATIONthe Southern District
LOCATIONthe District of Columbia
LOCATION
Robert Gates
PERSON
Norway
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