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PBM Capital

Private equity

Charlottesville · Seed–Late Stage · 6 people tracked

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Investment thesis

PBM Capital invests in pharmaceutical and life sciences companies with game-changing technologies capable of improving and saving lives. The firm seeks entrepreneurs whose vision aligns with its thesis and whom it trusts to execute at scale. PBM Capital provides not only capital but also operational support and expertise derived from its founder's track record building and scaling healthcare companies. The firm focuses on companies with significant growth potential, evidenced by its portfolio's three IPO exits since 2016.

Source: firm website, verified Jul 21, 2026.

Stage
Seed–Late Stage
HQ
Charlottesville, US
Instruments
Equity
Founded
2010
Tracked investments
3

Team · 6 people

from the firm's website
Paul Manning· Founder

Founder of PBM Capital who previously built PBM Products from inception with minimal initial capital into the world's leading private label infant formula supplier serving over 50,000 retail stores, which was sold to Perrigo for over $800 million.

Joe Pedersen· Partner
Jayson Rieger· Managing Partner
Steven Goldman· Managing Partner
Dave Zawitz· General Counsel
Sean Stalfort· President

Investments · 3 tracked

founders shown can be your intro path
AveXis
Dova Pharmaceuticals

Publicly listed pharmaceutical company

Verrica Pharmaceuticals

Publicly listed pharmaceutical company

Board seats · per SEC filings

what is this? ⓘ
Xalud Therapeutics, Inc.SEC filing

$30M raise · filed Jun 2021 · via Jayson Rieger, Paul B. Manning

Inferred from directors named on each company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Frequently asked questions

What stage does PBM Capital invest at?
PBM Capital invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does PBM Capital focus on?
PBM Capital focuses on Biotech, Healthtech, Medical Devices.
Where is PBM Capital located?
PBM Capital is headquartered in Charlottesville, US.

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