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Philipp Zimmerer has been promoted to investment director and Jaime Leslie has been promoted to investment manager.

In this role, Hyun will focus on investment opportunities in pharmacy services.

Also, Doug Berman, head of US private equity, has been promoted to co-president, serving alongside current co-president Rick Rosen.

Frazier has invested in over 200 companies and raised over $11 billion of capital for private funds and co-investment opportunities.

His appointment becomes effective May 1, 2026.

Zippelius will be responsible for new investments and value creation initiatives across the firm’s health and life portfolio.

The firm has made several promotions across its buyout, innovation and operations teams.

In this role, he will focus on evaluating, executing, and managing investments across the industrials sector.

Lime Rock Partners has also promoted Dylan Blackford to managing director.