Founder, Satter Investment Management (SIM), and founder, Satter Foundation, joining the Summit from Chicago, Ill.
Muneer A. Satter manages Satter Investment Management (SIM), a private investment firm and family office. SIM has significant investments in healthcare companies. He also manages the Satter Foundation, a private family foundation.
Mr. Satter is a retired partner at Goldman Sachs, where he was a partner of the firm for sixteen years. He spent his career in the Merchant Banking Division which manages the firm’s private investments. Mr. Satter joined Goldman Sachs in 1988 and moved to London in 1992 to start up and co-head the firm’s Merchant Banking Group in Europe. He later returned to New York and was the global head of the Mezzanine Group, where he raised and managed over $30 billion of assets. The mezzanine fund had a compound annual return of 12.9% for the sixteen years until Mr. Satter retired in 2012. This compares to 5.6% for the S&P 500 and 5.9% for the high yield index. He was also a senior member of the Investment Committee which made investment decisions involving companies with a total enterprise value of several hundred billion dollars. He was chairman of the Risk Committee for the Merchant Banking Division, which at the time had over $80 billion of assets under management.
He is vice chairman of the Board of the Goldman Sachs Foundation and GS Gives, where he is also chairman of the Investment Committee overseeing $1.2 billion of assets. He is a member of the Board of Northwestern University where he is chairman of the Finance Committee. He is also a member of the Board of the Navy SEAL Foundation. He is a member of the Board of the Northwestern Medical Group (over 1,000 doctors and over $1 billion of revenue). He is on the Board of Advisors of Accelerate Institute (which provides leadership training for school principals) and on the Board of Trustees of the US Olympic and Paralympic Foundation. Additionally, he is on the Board of Advisors of the American Enterprise Institute. He was formerly on the Board of World Business Chicago (chaired by Mayor Rahm Emanuel). He is a member of the Council on Foreign Relations. He is a former co-chairman of Room to Read (which builds 2,000 libraries and schools per year in developing countries). He is a former member of the Board of the Nature Conservancy where he was chairman of the Finance Committee overseeing a $1.8 billion endowment.
Mr. Satter is a director of Annexon which is a complement cascade pathway company focused on autoimmune and neurologic diseases. He was chairman of Akebia Therapeutics from 2012-2018, during which time it grew from a private company with a $60 million valuation to a publicly-traded biotech company with a $1.5 billion dollar valuation, focused on the treatment of anemia. He is on the board of directors of REX – Real Estate Exchange, Inc.
Mr. Satter received a B.A. from Northwestern University, and a JD/MBA from Harvard Law School and Harvard Business School. He lives in Chicago, IL with his wife, Kristen, and their five daughters.