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Pete McNerney
Adjunct Professor at Kellogg School of Management, Northwestern Univeristy
Pete McNerney is an accomplished professional with extensive experience in healthcare management and venture capital. He currently serves as an Adjunct Professor at the Kellogg School of Management at Northwestern University, a position he has held since September 2018. In addition to his teaching role, he is the Director of the Kellogg Healthcare Entrepreneurship Initiative, which focuses on fostering innovation in healthcare through entrepreneurship.14
Educational Background
- Bachelor of Arts (B.A.) from Yale University
- MBA from Stanford University
- Fellow, Advanced Leadership Initiative at Harvard University in 2014.13
Professional Experience
McNerney has over 30 years of experience in the healthcare sector, primarily in venture capital and management roles:
- Founder, Partner & Senior Advisor at Thomas, McNerney & Partners (2001 - Present), a healthcare venture capital firm with significant investments in life sciences and medical technology.
- Co-Founder and Partner at Coral Ventures (1992 - 2001), where he was responsible for healthcare investments.
- Co-Founder and Managing Partner at The Kensington Group, which provided management services to early-stage healthcare companies (1990 - 1992).
- Previously served as CEO of Memtec North America (1986 - 1989) and held various management positions at Baxter Healthcare Corporation from 1975 to 1986, working across multiple regions including the U.S., Europe, and Asia.125
Contributions and Affiliations
McNerney has been actively involved in various boards and associations, including serving as President of the Minnesota Venture Capital Association and on the Board of Trustees for Blue Cross and Blue Shield of Minnesota. He is also a Certified Public Accountant.35
Overall, Pete McNerney combines his academic roles with a rich background in healthcare entrepreneurship, making significant contributions to both education and industry innovation.

