NovaQuest Private Equity has rebranded as QHP Capital in a move designed to more closely identify with its management company. QHP partners with tech-enabled life sciences and pharmaceutical services companies that help to reduce total cost of care, fulfil unmet medical needs, diminish unnecessary procedures, improve efficiency, and/or elevate patient quality of life.
QHP stands for Q Healthcare Partners – the “Q” serving as a connection to the Firm’s heritage within Quintiles (now IQVIA) and also with NovaQuest. QHP will continue to serve as the investment manager for the NovaQuest Private Equity family of funds. Partners in QHP include Jeff Edwards, Michael Sorensen, Vern Davenport, Ashton Poole and Matt Jenkins.
With more than 30 years of middle market investing and operating experience among its Partners and AUM of $1.9B+, QHP has made 22 platform and/or add-on acquisitions to date and has 20 employees. The Firm is currently investing in new platforms out of its 2021 vintage $500M NQPE Fund II, from which three investments have been made.
