Private Equity
3 min read · 08 January 2019
Greenwich, Connecticut-based Amulet Capital Partners LP, a healthcare-focused middle-market private equity firm, has promoted Nick Amigone to partner and Gabriel Luft to principal. Both Amigone and Luft joined the firm in 2015.
2 min read · 07 January 2019
Sagard Holdings, an affiliate of Canada’s Power Corp, has launched Sagard Healthcare Royalty Partners, a life sciences royalty investment platform. Focused on investing in pharmaceutical intellectual property, Toronto-based SHRP will be led by Partner David MacNaughtan, formerly a senior principal in the credit investments group of Canadian Pension Plan Investment Board. Before joining CPPIB in 2010, MacNaughtan was co-head of the Royalty Monetization Fund of DRI Capital, a Canadian healthcare private equity firm.
3 min read · 07 January 2019
Madryn Asset Management has raised $289.65 million for its new healthcare fund, according to an SEC filing. The target is $500 million. Based in New York, Madryn Asset Management invests in healthcare companies.
1 min read · 07 January 2019
Crestline Investors Inc has provided a senior secured credit facility to Red Bank, New Jersey-based SUN Behavioral Health Inc, a national operator of freestanding psychiatric hospitals. No financial terms were disclosed.
2 min read · 07 January 2019
WindRose Health Investors LLC said Jan. 7 that it closed its fifth fund on $705 million in commitments. WindRose, of New York, is a healthcare-focused private equity fund.
2 min read · 07 January 2019
Federal Street Acquisition Corp, a blank check company backed by Thomas H. Lee Partners LP, and Agiliti Health, a portfolio company of Irving Place Capital Management LP, have closed their merger. The implied value for the combined company is about $1.74 billion. Agiliti Health is a provider of healthcare technology management and service solutions. Citigroup Global Markets Inc and BofA Merrill Lynch served as financial advisers to FSAC with Kirkland & Ellis LLP providing legal advice. And, Weil, Gotshal & Manges LLP served as legal adviser to Agiliti Health.
4 min read · 04 January 2019
Spectrum Equity promoted Jeff Haywood to managing director, Parag Khandelwal to principal, Adam Gassin to vice president and Maureen Sullivan to manager of investor relations. Haywood joined Spectrum in 2007 and focuses on healthcare IT, software and information services. He was closely involved in Spectrum's investments in Passport Health, Net Health, MedHOK and RainKing. Khandelwal joined in 2012 and focuses on software, information services and internet. Gassin joined in 2017 while Sullivan joined the same year from Harvard Management Co.
2 min read · 04 January 2019
TA Associates completed an investment in Behavioral Health Works, a behavioral health services provider focusing on therapy and services for children with autism spectrum disorder. Financial terms of the deal were not disclosed. TA's Emily McGinty will join Behavioral Health Works's board of directors.
3 min read · 04 January 2019
2 min read · 03 January 2019
