Tom Melzer co-founded RiverVest in 2000 with a mandate to identify and found life science companies that address significant unmet needs of patients while delivering consistently strong results to investors. His disciplined approach to analysis, decision-making, and deal structure has been instrumental in shaping RiverVest’s investment strategy and establishing its reputation as a trusted partner for entrepreneurs and investors alike.

The firm’s focus on pre-money valuation and return potential, effective risk management, high hit rate, and strong investor syndicates sets it apart as a leading venture capital firm. Although no longer directly engaged in investing, Tom remains actively involved in firm management, investor relations, and community engagement, ensuring the continued growth and success of the firm.  

Prior to his venture capital career, Tom held influential positions at both the Federal Reserve System (the Fed) and Morgan Stanley & Co., Inc. As president and CEO of the Federal Reserve Bank of St. Louis, he oversaw the bank’s involvement in monetary policy formulation, bank supervision, and the provision of payment services. He also chaired the investment committee for the Fed’s pension and thrift plans. As a member of the Fed’s Federal Open Market Committee, Tom was one of a handful of individuals who had the distinction of directly influencing U.S. monetary policy.

During his tenure at Morgan Stanley, Tom held the position of managing director, where he was recognized as both a trailblazer and troubleshooter in the areas of corporate finance, real estate finance and investment, strategic planning, and securities sales and trading. Notably, he successfully turned around the money-losing U.S. Government Securities Department, transforming it into a profitable division that significantly contributed to the firm’s success.

Outside of RiverVest, Tom holds board positions at the Donald Danforth Plant Science Center, the Gateway Arch Park Foundation, and Nine PBS. He also serves on the National Council for the Olin School of Business at Washington University in St. Louis.

Tom earned an M.B.A. and a B.S. in Electrical Engineering from Stanford University.