Leading private equity firms active in the healthcare industry today announced the formation of the Healthcare Private Equity Association (HCPEA), a Chicago-based, non-profit trade association whose purpose is to support the reputation, knowledge and relationships of the healthcare private equity community. As of its founding, HCPEA’s roughly forty member firms represent over $300 billion of capital under management and over 300 healthcare-focused investment professionals.
As the first sector-focused trade association in private equity, HCPEA anticipates it will represent one of the largest groups of privately-held healthcare businesses in the U.S. Its members’ approximately 500 healthcare portfolio companies have over $200 billion of combined revenue and over 750,000 employees.
The Association’s Founder and President, Brian Miller (Partner and Co-Founder of Linden Capital Partners), states, ‘HCPEA is proud to have many of the most active and experienced investors as its Founding Members. This is a time of unprecedented change in the healthcare sector, and private equity will continue to play a key role in shaping the industry’s future. HCPEA will support and encourage the essential investments that private equity firms direct into our healthcare economy.’
Founding Members of HCPEA include: Abingworth; Apax Partners; Bain Capital; Bain Capital Ventures; Baird Capital Partners; Beecken Petty O’Keefe and Company; Blackstone; Charterhouse; Cressey & Co.; DW Healthcare Partners; Enhanced Equity Fund; Ferrer Freeman; Flexpoint Ford; Frazier; Frontenac; General Atlantic; Genstar Capital; Health Enterprise Partners; Kohlberg Kravis Roberts & Co.; Linden Capital Partners; Madison Dearborn Partners; MetalMark; MedEquity; MTS Health Advisors; Nautic Partners; Oak Hill Capital; Parthenon Capital Partners; Riordan, Lewis & Haden; Riverside Company; Roundtable Healthcare Partners; Sterling Partners; Summer Street Capital Partners; SV Life Sciences; TA Associates; TPG Capital; Vestar Capital Partners; Water Street Healthcare Partners; Waud Capital Partners and Welsh, Carson, Anderson & Stowe.
HCPEA’s officers include: Brian Miller of Linden Capital Partners, Founder and President; Andrew Carragher of DW Healthcare Partners, Secretary; David Schuppan of Cressey & Co., Treasurer; Darren Black of SV Life Sciences, VP Services; Jeff Crisan of Bain Capital Ventures, VP Research; David Koo of RoundTable Healthcare Partners, VP Products; Aaron Lillybridge of Baird Capital Partners, VP Professional Development; David Neighbours of Waud Capital Partners, VP Membership; Jonathan Oka of Flexpoint Ford, VP IT; and David Tamburri of Health Enterprise Partners, VP Awards Dinner.
Board members include: David Beecken, Beecken Petty O’Keefe & Company; Jim Elrod, Vestar Capital Partners; Chris Gordon, Bain Capital; Buddy Gumina, Apax Partners; Scott Hilinski, Nautic Partners; Scott Mackesy, Welsh, Carson, Anderson, & Stowe; Jim Momtazee, Kohlberg Kravis Roberts & Co.; Jeff Rhodes, TPG Capital; Tim Sullivan, Madison Dearborn Partners and Rob Weltman, Genstar Capital.
ABOUT DW HEALTHCARE PARTNERS
DW Healthcare Partners is a private equity firm focused exclusively on the healthcare industry. The firm manages over $800 million in committed capital and invests in profitable healthcare companies with proven management teams.
DW Healthcare Partners is led by seasoned healthcare executives with more than 110 years of combined industry experience. The firm provides the capital, strategic guidance, and acquisition expertise to help mid-to-late-stage companies realize their potential for growth.