People: H&Q Life Sciences Investors (HQL)
HQL on New York Consolidated
19.07USD
21 May 2013
19.07USD
21 May 2013
Price Change (% chg)
$0.20 (+1.06%)
$0.20 (+1.06%)
Prev Close
$18.86
$18.86
Open
$18.89
$18.89
Day's High
$19.11
$19.11
Day's Low
$18.80
$18.80
Volume
43,940
43,940
Avg. Vol
61,841
61,841
52-wk High
$21.00
$21.00
52-wk Low
$12.86
$12.86
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Lawrence Lewin |
74 | 2000 | Chairman of the Board of Trustees |
Daniel Omstead |
58 | 2003 | President, Trustee |
Laura Woodward |
43 | 2009 | Chief Compliance Officer, Treasurer, Secretary |
Michael Bonney |
54 | 2011 | Independent Trustee |
Rakesh Jain |
61 | 2007 | Independent Trustee |
Oleg Pohotsky |
2000 | Independent Trustee | |
William Reardon |
66 | 2010 | Independent Trustee |
Uwe Reinhardt |
75 | 1992 | Independent Trustee |
Lucinda Stebbins |
66 | 2006 | Independent Trustee |
Biographies
| Name | Description |
|---|---|
Lawrence Lewin |
Mr. Lawrence S. Lewin is Chairman of the Board of Trustees of H&Q Life Sciences Investors since 2000. Mr. Lewin was the Chief Executive Officer for 30 years of the Lewin Group, which he founded in 1970. The Lewin Group, a healthcare public policy and management consulting firm, delivers objective analyses and strategic counsel to public agencies, nonprofit organizations, industry associations and private companies across the United States. Mr. Lewin provides the Fund insights into healthcare economics and reform. He has served on the Boards of a number of healthcare companies, including Intermountain Health Care, Medco Health Solutions, Inc., CardioNet, Inc., and CareFusion, and is currently a member of the Board of Regents of the Uniformed Services University of the Health Sciences. Mr. Lewin is an elected member of the Institute of Medicine since 1984. He holds an AB degree from Princeton University and an MBA from the Howard Business School. |
Daniel Omstead |
Dr. Daniel R. Omstead is President and Trustee of H&Q Life Sciences Investors. Dr. Omstead is President and Chief Executive Officer of Hambrecht & Quist Capital Management LLC (the "Adviser"), a registered investment adviser that serves as investment adviser to HQH and HQL. Dr. Omstead is also President of HQL and HQH. Dr. Omstead is portfolio manager for the public and restricted/venture portfolios within HQH and HQL. As part of these responsibilities, Dr. Omstead is a member of the Board of Directors of several portfolio companies including Magellan Biosciences, Concentric Medical, Tibion Corporation and Palyon Medical. Prior to joining the Adviser, Dr. Omstead was President and CEO of Reprogenesis, Inc. a private development stage biotech company which developed therapies in the field of tissue engineering and regenerative medicine. Before joining Reprogenesis, Dr. Omstead was Senior Vice President, Research and Development, at Cytotherapeutics, Inc, a public biotech company. Prior to entering the biotech industry, Dr. Omstead was employed for fourteen years in positions of increasing responsibility within the pharmaceutical industry at Ortho Pharmaceutical Corporation and at the R.W. Johnson Pharmaceutical Research Institute, both divisions of Johnson & Johnson, and at Merck, Sharp and Dohme Research Laboratories, a division of Merck and Company. Dr. Omstead provides the Fund with insights into both pharmaceutical and biotech companies. Dr. Omstead holds Ph.D. and Master's Degrees in Chemical Engineering and Applied Chemistry from Columbia University and a B.S. degree in Civil Engineering from Lehigh University. He is a member of the Board of Directors of a non-profit agency that provides emergency shelter, housing and supportive services to homeless and low-income individuals and families in the Boston area. Dr. Omstead is also a member of the Board of Visitors of the Columbia University School of Engineering and Applied Science and an Overseer at the Joslin Diabetes Center. |
Laura Woodward |
Ms. Laura Woodward is Chief Compliance Officer, Treasurer, Secretary of H&Q Life Sciences Investors, HQH and Hambrecht & Quist Capital Management LLC since 2009; Secretary and Treasurer, HQH (since 2009), Senior Manager, PricewaterhouseCoopers LLP (prior to 2009). |
Michael Bonney |
Mr. Michael W. Bonney is Independent Trustee of H&Q Life Sciences Investors., since 2011. Mr. Bonney is the President, Chief Executive Officer and member of the Board of Directors of Cubist Pharmaceuticals, Inc., providing the Fund with insight into operating matters relating to biotech companies and the overall healthcare industry. He serves on the Governance and Nominating Committees of the Funds. Mr. Bonney is also a Director of NPS Pharmaceuticals, Inc., is Chairman of the Board of Trustees of Bates College and is a Board member of the Pharmaceutical Research and Manufacturers of America (PhRMA). He holds an BA degree from Bates College. |
Rakesh Jain |
Mr. Rakesh K. Jain, Ph.D., is Independent Trustee of H&Q Life Sciences Investors. Mr. Jain is the Andrew Werk Cook Professor of Tumor Biology in the Department of Radiation Oncology at Harvard Medical School and the Director of the Edwin L. Steele Laboratory of Tumor Biology at Massachusetts General Hospital, providing the Fund with a perspective on emerging life sciences technologies. He serves on the Governance and Nominating Committees of the Funds. Prior to joining Harvard, he was professor of chemical engineering at Columbia University and Carnegie Mellon University. Dr. Jain is regarded as a pioneer in the fields of tumor biology, drug delivery, in vivo imaging and bioengineering. Dr. Jain has authored more than 520 publications. He serves on advisory panels to government, industry and academia, and is a member of editorial advisory boards of ten journals, including Nature Reviews Cancer and Nature Reviews Clinical Oncology. He has received more than 50 awards and lectureships, including a Guggenheim Fellowship, the Humboldt Senior Scientist Award, the National Cancer Institute's Research Career Development Award and Investigator Grant, the Academic Scientist of the Year Award from the Pharmaceutical Achievements Awards, the Distinguished Service Award from Nature Biotechnology and the Innovator Award from the DoD Breast Cancer Program. He is a member of all three branches of US National Academies – the Institute of Medicine, the National Academy of Engineering and the National Academy of Sciences – and the American Academy of Arts and Sciences. |
Oleg Pohotsky |
Mr. Oleg M. Pohotsky is Independent Trustee of H&Q Life Sciences Investors. Mr. Pohotsky is a corporate finance and investment professional with over forty years of diversified experience gained both in industry and in financial markets. He serves as Chairman of the Fund's Audit Committee and Valuation Committee. He has over 45 years of cumulative board experience, in the full range of organization types: publicly-traded, privately-held, venture-backed and non-profit. He has also served as a director of a healthcare services company listed on the Nasdaq NMS where he was a member of the audit committee. In his various directorships he has also served on investment, compensation, personnel and executive committees. His career spanned over twenty years in the investment industry both as an investment banker and as a venture capital and private equity investor and included serving as chairman of the valuation and fairness opinion committee of a NYSE-member firm. Mr. Pohotsky also currently serves on the Board of Directors of Avangardco Investments Public Ltd., an LSE-listed agribusiness enterprise based in Ukraine, and on the Board of Advisors of Kaufman & Co., LLC, a Boston-based boutique investment banking firm, and is affiliated with GovernanceMetrics International, Inc. as a Senior Advisor. He provides the Fund with experience in valuation and the financial industry. Mr. Pohotsky holds a BSChE degree from Clarkson University, a JD degree from the University of Miami and MBA from the Harvard Business School of Business Administration. He has also been awarded an honorary doctorate by Clarkson University. |
William Reardon |
Mr. William S. Reardon is Independent Trustee of H&Q Life Sciences Investors. Mr. Reardon's personal experience as a Life Science audit partner at PricewaterhouseCooper ("PwC"), with a broad spectrum of companies across the corporate life cycle from startup to product driven pharmaceutical companies, provides the Trustees of the Fund, and especially the Valuation Committee with a perspective in analyzing life science company opportunities and in valuing the venture portion of the portfolio. Until 2002 Mr. Reardon was a business assurance partner in PwC's Boston office and leader of the Life Sciences Industry Practice for New England and the Eastern U.S., working closely with many of the Firm's public clients in SEC-registered equity, convertible and R&D limited partnership offerings and many initial public offerings. He serves on the Valuation Committee of the Fund. From 1998-2000 he served on the Board of the Emerging Companies Section of Biotechnology Industry ("BIO") and the Board of Directors of the Massachusetts Biotechnology Council ("MBC") from 2000 to 2002. He has been a frequent speaker at BIO conferences and MBC Industry meetings on issues affecting biotechnology companies. He currently also serves as a board member and audit committee chair of two development-stage public companies, Synta Pharmaceuticals and Idera Pharmaceuticals. Mr. Reardon is member of the American Institute of CPAs and the Massachusetts Society of CPAs, with an MBA from Harvard Business School and a BA in East Asian History from Harvard College. |
Uwe Reinhardt |
Dr. Uwe E. Reinhardt, Ph.D.,is Independent Trustee of H&Q Life Sciences Investors. Dr. Reinhardt is the James Madison Professor of Political Economy at Princeton University, teaching economics and public affairs since 1968, and has been a member of the Institute of Medicine of the National Academy of Sciences since 1978. He serves on the Audit Committee of the Fund. Dr. Reinhardt is recognized as one of the nation's authorities on health care economics, a prominent scholar in health care economics and a frequent speaker and author on subjects ranging from the war in Iraq to the future of Medicare. Dr. Reinhardt provides the Fund with insights in healthcare economics and reform. He is a past president of the Association of Health Services Research. From 1986 to 1995 he served as a commissioner on the Physician Payment Review Committee, established in 1986 by Congress to advise it on issues related to the payment of physicians. He is a senior associate of the Judge Institute for Management of Cambridge University, UK, and a trustee of Duke University, and the Duke University Health System. Dr. Reinhardt is or was a member of numerous editorial boards, among them the Journal of Health Economics, the Milbank Memorial Quarterly, Health Affairs, the New England Journal of Medicine, and the Journal of the American Medical Association. Dr. Reinhardt received his Ph.D.from Yale University. |
Lucinda Stebbins |
Ms. Lucinda H. Stebbins, CPA, is Independent Trustee of H&Q Life Sciences Investors. Ms. Stebbins brings to the Board over twenty years experience working in the fund industry, providing perspectives on a variety of technical and industry matters. She serves on the Audit, Governance and Nominating Committees of the Fund. She started her fund career with the investment management firm of Scudder, Stevens and Clark which was later merged into the U.S operations of Zurich Financial Services, and then finally acquired by Deutsche Bank. She served as a Senior Vice President at Scudder Investments and subsequently as a Director at Deutsche Asset Management and was an officer of approximately 200 funds in these complexes. Ms. Stebbins' is in the accounting, tax, and regulatory side of the business and she continues to act as an independent consultant to the fund industry. Prior to joining Scudder, she was a Senior Manager at Price Waterhouse and is a member of the Massachusetts Society of CPAs. She also serves on the Board of Bald Peak Land Company and has been on a number of non-profit Boards. She holds an MBA degree from Babson College and a BA in economics from Wellesley College. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Lawrence Lewin |
-- |
Daniel Omstead |
-- |
Laura Woodward |
-- |
Michael Bonney |
-- |
Rakesh Jain |
-- |
Oleg Pohotsky |
-- |
William Reardon |
-- |
Uwe Reinhardt |
-- |
Lucinda Stebbins |
-- |
As Of
Options Compensation
| Name | Options | Value |
|---|---|---|
Lawrence Lewin |
0 | 0 |
Daniel Omstead |
0 | 0 |
Laura Woodward |
0 | 0 |
Michael Bonney |
0 | 0 |
Rakesh Jain |
0 | 0 |
Oleg Pohotsky |
0 | 0 |
William Reardon |
0 | 0 |
Uwe Reinhardt |
0 | 0 |
Lucinda Stebbins |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
POHOTSKY OLEG M |
200 | $13.30 |
BONNEY MICHAEL W |
800 | $13.25 |
REARDON WILLIAM S |
772 | $13.27 |
OMSTEAD DANIEL R |
10,000 | $10.03 |

