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Spindletop Capital
Spindletop Capital is a private equity based in Austin, founded 2011; the Altss profile covers its classification, headquarters, registration, AUM band, and...
Spindletop Capital
Spindletop Capital is an exempt reporting adviser in Austin, Texas, established in 2024. It is headquartered in Texas.
General information
Firm type
Private Equity
Year founded
2011
Location
Region
North America
Country
United States
City
Austin
Corporate office
3571 Far West Blvd. Suite 108 Austin, TX 78731, United States
Principals
Dr. Evan Melrose
Managing Director
Steve Whitlock
Managing Director
Dr. Kelly Huang
Managing Director
Shannon Rothschild
Managing Director
Jim Henry
Managing Director
Dr. Robert McDonald
Operating Partner
Stephen Hipp
Managing Director (In Memoriam 1967 - 2023)
Sector focus
Frequently asked questions
Does Spindletop invest in early-stage healthcare companies?
No. Spindletop explicitly targets commercial-stage and profitable healthcare businesses where technical, regulatory, and commercial risks have been largely mitigated. The firm pursues a venture growth capital strategy — expansion capital, buyouts, and corporate spin-outs — rather than seed or Series A investments in pre-revenue biotech or medtech startups.
What healthcare sectors does Spindletop explicitly invest in?
Spindletop is diversified across healthcare sectors including medical devices, molecular diagnostics, specialty pharmaceuticals, digital health, physician practice management, and tech-enabled services. Portfolio examples include Sanova Dermatology (physician practice management), Bioventus (medical devices), Castle Biosciences (molecular diagnostics), and Navigating Cancer (digital health).
How does Spindletop source its investments?
Spindletop cites deep Texas resources and research institutions as a proprietary advantage for sourcing healthcare opportunities nationwide. The firm also emphasizes relationships with entrepreneurs and syndicate investment partners, positioning itself as a sought-after co-investor due to industry and financial expertise. Specific institutional partners and sourcing channels beyond Texas are not publicly detailed.
Does Spindletop Capital manage a single fund or multiple vehicles?
The firm's website describes Spindletop as a "national fund" but does not disclose fund structures, vintages, or whether it has raised multiple vehicles. The offering includes direct equity, co-investment, direct secondaries, and management buyouts. Absent public fund documentation, the exact vehicle architecture remains undisclosed.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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