Venture CapitalRIA · CRD 322344SEC-RegisteredPrivate Fund Adviser

Updated:

Solas BioVentures

Solas BioVentures is an SEC-registered investment adviser in Chattanooga, TN, registered since 2025.

Solas BioVentures logo

Solas BioVentures

Solas BioVentures is an SEC-registered investment adviser in Chattanooga, TN, registered since 2025. The firm manages approximately $165 million in assets. It has 6 employees and 5 investment advisers.

General information

Firm type

Venture Capital

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Chattanooga

Corporate office

Chattanooga, TN, United States

Principals

David Adair

Co-Founder & Managing Director

Mark Hackett

Co-Founder & Partner

David Belitz

Partner

Joshua Eckelberry

Partner

Travis Manasco

Partner

Michael Hoey

Co-founder (Advisory Team)

Sector focus

Biotech & PharmaMedical DevicesDigital Health

Frequently asked questions

Who leads investment decisions at Solas BioVentures?

Co-Founder & Managing Director David Adair and Co-Founder & Partner Mark Hackett head the investment team, alongside Partners David Belitz, Joshua Eckelberry, and Travis Manasco. The broader group includes PhD analysts and an advisory team. Decision-making appears collaborative, drawing on both in-house scientific and clinical expertise and the domain knowledge of Limited Partners.

Does Solas BioVentures invest only in the United States?

The firm's website states its reach is worldwide, and an International Relations role (held by Laurent Pacheco) confirms a global outlook. However, no specific non-US portfolio companies or offices are publicly disclosed.

Is Solas BioVentures structured as a venture capital firm or a family office?

Solas BioVentures is an SEC-registered investment adviser operating as a venture capital firm. It is not a single-family office; it manages pooled funds (Emerging Healthcare Fund series) and sidecar vehicles, and it solicits capital from external Limited Partners.

What is Solas BioVentures' known posture on co-investments?

The firm explicitly structures Solas Sidecars & Management Team SPVs, indicating a practice of offering co-investment opportunities alongside its main fund vehicles. These structures allow management and select partners to invest directly in specific deals.

Which sectors does Solas BioVentures explicitly avoid?

Solas BioVentures invests exclusively in the life science industry. The firm publishes no interest in enterprise software, consumer tech, fintech, or any sector outside biopharmaceuticals, medical devices, and digital health.

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