Lux Capital Adds James Woolsey and Richard Foster

Former CIA director James Woolsey and McKinsey & Company vet Richard Foster have joined New York-based Lux Capital as partners, the company said in a press release. Woolsey will be looking for investing opportunities in the energy sector, while Foster will focus on life sciences and healthcare IT. “Innovation in energy will be the primary challenge of our time—whether seen through the lens of national security or that of the environment,” said Woolsey in the statement. Woolsey held Presidential appointments in four administrations and served as director of the CIA from 1993 to 1995, and he has worked at Booz Allen Hamilton and VantagePoint Venture Partners in San Bruno, CA. Foster co-founded the healthcare and private equity practices at McKinsey. “Lux Capital thinks differently from most venture investors—a distinct edge in the investment business,” said Foster in the statement.

Author: Arlene Weintraub

Arlene is an award-winning journalist specializing in life sciences and technology. She was previously a senior health writer based out of the New York City headquarters of BusinessWeek, where she wrote hundreds of articles that explored both the science and business of health. Her freelance pieces have been published in USA Today, US News & World Report, Technology Review, and other media outlets. Arlene has won awards from the New York Press Club, the Association of Health Care Journalists, the Foundation for Biomedical Research, and the American Society of Business Publication Editors. Her book about the anti-aging industry, Selling the Fountain of Youth, was published by Basic Books in September 2010.