Private equity firms active in the healthcare industry have launched the Healthcare Private Equity Association, 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, the association’s roughly 40 member firms represent over USD300bn of capital under management and over 300 healthcare-focused investment professionals.
As the first sector-focused trade association in private equity, the association anticipates it will represent one of the largest groups of privately-held healthcare businesses in the US.
Its members’ approximately 500 healthcare portfolio companies have over USD200bn of combined revenue and over 750,000 employees.
The association’s founder and president Brian Miller (pictured), partner and co-founder of Linden Capital Partners, says: "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 include: Abingworth; Apax Partners; Bain Capital; Bain Capital Ventures; Baird Capital Partners; Beecken Petty O’Keefe; Blackstone; Charterhouse; Cressey; DW Healthcare Partners; Enhanced Equity Fund; Ferrer Freeman; Flexpoint Ford; Frazier; Frontenac; General Atlantic; Genstar Capital; Health Enterprise Partners; Kohlberg Kravis Roberts; Linden Capital Partners; Madison Dearborn Partners; MetalMark; MedEquity; MTS Health Advisors; Nautic Partners; Oak Hill Capital; Parthenon Capital Partners; Riordan, Lewis & Haden; Riverside; 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.
