Industry veteran appointed as HCPEA chair
The Healthcare Private Equity Association (HCPEA), a non-profit trade association focused on supporting the healthcare private equity community, has appointed Diane Daych, Managing Partner and Co-Founder at Granite Growth Health Partners, as Chair, effective 1 July, 2020.
Daych assumes the role from Dr Terry Woodward, Managing Director at Ontario Teachers' Pension Plan (Ontario Teachers').
Over the coming year, Daych will lead the organisation’s strategic direction and work with member firms to navigate the changing needs of the healthcare ecosystem. HCPEA, founded in 2010, is comprised of one of the world's largest portfolios of privately held healthcare-related businesses, representative of services, products, diagnostics, distribution, pharmaceuticals and technology. Its member firms focus on building and growing successful healthcare companies that bring innovation and new ideas to the market, leading to increased access and better care outcomes for patients.
“I’m honoured to lead our organisation through the challenging, shifting landscape faced by our industry and society at large,” says Daych. “Our member firms embrace their responsibility to help expand access to quality care, and as a leader of HCPEA, my goal is to highlight the positive impact private equity has on our healthcare industry. A seamless integration of public and private funding is needed now more than ever to address the faults within our healthcare system. We have an obligation to shape companies that do well in order to do good, and in my new role I will build upon the strong foundation laid by Terry to support member firms in their pursuit of better, higher quality and more accessible care.”
Daych will be joined by Paige Daly, Partner at Harvest Partners as HCPEA Vice Chair, a position designed to support operational programming, member needs and efficient leadership transitions at term.
Together, Daych and Daly will work toward the continued evolution of the association, with increased focus on addressing member needs in response to the pandemic.
“As a leading force in private equity and healthcare, HCPEA has a responsibility and opportunity to innovate, transform and further support our member firms as they strengthen the ways healthcare is delivered,” says Daly. “During my tenure as vice chair, I look forward to supporting our member firms in their commitment to growing successful businesses and having a positive impact on the industry.”