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February 20, 2023 / 2023 Power 50

2023 Power 50: 1. Ned & Annie Lamont

PHOTOS | STEVE LASCHEVER Annie Lamont in the Stamford office of her venture capital firm Oak HC/FT.

Gov. Ned Lamont has been the state’s top power player for the last four years but that title wasn’t guaranteed in 2023. 

He tops the list again following his wide-margin electoral victory in November over GOP gubernatorial candidate Bob Stefanowski, which secured his second, four-year term in office.

The former businessman turned politico is now in his fifth year in office, where he has said his main focus will be promoting economic growth. 

Gov. Ned Lamont

Buoyed by a sizable budget surplus and fully funded $3.4 billion rainy fund, Lamont has pitched several tax cut proposals this legislative session that would benefit the working poor, middle class and businesses. 

The proposals include restoring the state’s pass-through entity tax credit to its original level of 93.01%. The tax credit percentage was reduced to 87.5% for taxable years beginning on or after Jan. 1, 2019.

Lamont said the proposal will enable small business owners to save money by claiming a larger credit on their personal returns.

“These changes we are proposing will help small businesses in Connecticut save money, which they can use to reinvest back into their establishments to support their continued growth and the development of new jobs,” Lamont said. 

Annie Lamont is a successful healthcare venture capitalist and a close adviser to the governor. She is co-founder and managing partner of Stamford-based venture capital firm Oak HC/FT, where she focuses on growth equity and early-stage investments in healthcare and fintech companies.

In an interview with the Hartford Business Journal last year, she described a straight-forward investor philosophy — “more access, higher quality, lower cost” — that leads her toward innovations in primary care. She has also worked to develop more women venture investors through an investor network called Tidal River.

According to her bio, Annie Lamont has appeared on the Forbes Midas List, Institutional Investor’s FinTech Finance 40 list, and the Top 100 Venture Capitalist rankings published by CB Insights and The New York Times.

Find out who else is in the 2023 Power 50.

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