specialty-lending
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Adam Stettner Bet His Second Act on Cannabis’s Missing Clock
After decades in conventional lending, Adam Stettner walked into an industry conventional lenders avoided. His wager is that useful capital does more than arrive - it keeps time with the business using it.
Karl Kipke
Karl Kipke is the founder and CEO of HealthGrowth Pharmacy Solutions, an Austin, Texas company that gives independent and community pharmacies a single ecosystem of lending, advisory, group purchasing, and transition services. A former Wall Street banker who spent 11 years at Morgan Stanley and Bear Stearns before turning to venture investing, Kipke built HealthGrowth Capital into a direct lender for pharmacies and closed a $16.8 million debt-and-equity financing package in April 2020 to expand its reach to independent pharmacy owners across the United States.