E. David Hetz ’80 P’10
Managing Director & CEO, Prager & Company
Past Chairman, ex-officio, KLI Advisory Board
David Hetz is a Managing Director and the Chief Executive Officer of Prager & Company. Mr. Hetz has over 40 years of investment banking, private equity, venture capital, and boardroom leadership experience. Prior to joining Prager in 2018, he was Vice Chair of Cain Brothers & Co., a leading healthcare investment banking firm.
In 2001, Mr. Hetz co-founded and was managing partner of Cutlass Capital, a venture capital and growth equity fund focused on investing in healthcare services and medical technology companies. From 1987 until 2000, he served as co-head of investment banking, and member of the management committee of Robertson, Stephens & Co. As head of its Mergers & Acquisitions department, he led its emergence as one of the preeminent M&A advisors to the information technology and healthcare industries and executed/oversaw over 300 transactions exceeding $50 billion in enterprise value.
Since 2002, Mr. Hetz has served on the Board of Trustees of Claremont McKenna College in many leadership positions, including vice chair of the board, chair of the Board Affairs Committee, chair of two Strategic Planning Committees, chair of the Advancement Committee, and co-chair of two capital campaigns that to-date have raised over $1.3 billion. Over the past two decades, he has served on over a dozen other public and private corporate and not-for-profit boards, including the Board of Trustees of the Middlesex School, the Kravis Leadership Institute, and the Cathedral School for Boys.
Mr. Hetz received his undergraduate degree in economics from Claremont McKenna College and his MBA from Harvard Business School. Mr. Hetz is a FINRA Registered Securities Principal.