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  • March 2025
  • Case
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Primetime Partners: Investing in Healthspan, Wealthspan, and Workspan

By: Rembrand Koning, Nicole Tempest Keller and Susan Wilner Golden
  • Format:Print
  • | Language:English
  • | Pages:25
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Abstract

In the fall of 2024, Abby Miller Levy (HBS ’01), co-founder and managing partner of Primetime Partners, was preparing to raise a second fund. Founded in 2020 with veteran investor Alan Patricof, Primetime was a horizontal fund focused on early-stage companies serving older adults, the fast-growing segment of the population. There were 62 million people aged 65+ in the US, controlling the majority of net worth. This demographic shift created business opportunities centered on healthspan, wealthspan, and workspan. Primetime’s $50 million Fund 1, invested in 36 startups, many of which showed strong traction, culminating in a 15% IRR. As investor interest in the longevity market increased and competition intensified, Miller Levy faced the challenge of refining Primetime’s investment thesis to guide its new $60 million Fund II. With five new potential investments under consideration, she needed to determine what types of deals would drive the best returns.

Keywords

Investment Funds; Demographics; Age; Social Issues; Financial Services Industry; United States

Citation

Koning, Rembrand, Nicole Tempest Keller, and Susan Wilner Golden. "Primetime Partners: Investing in Healthspan, Wealthspan, and Workspan." Harvard Business School Case 825-095, March 2025.
  • Educators

About The Author

Rembrand M. Koning

Entrepreneurial Management
→More Publications

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More from the Authors
  • Duolingo: On a 'Streak' By: Jeffrey F. Rayport and Nicole Tempest Keller
  • Niramai: An AI Solution to Save Lives By: Rembrand Koning, Maria P. Roche and Kairavi Dey
  • Skylight: November 2014 Pitch Deck and Rock Summer Plan (Supplement 1) By: Rembrand Koning, Christina Wallace and Jeffrey Huizinga
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