General Atlantic has promoted head of healthcare Robbert Vorhoff from principal to managing director, according to a statement.
Vorhoff is based in General Atlantic’s New York office and is a member of the Board of Directors of the firm’s portfolio companies MedExpress and Align Networks. Before joining the firm in 2003, he worked at Greenhill Capital Partners, the merchant banking division of Greenhill & Co.
General Atlantic has also promoted Aaron Goldman and Amit Soni from vice presidents to principals. Goldman joined General Atlantic in 2007 and focuses on financial services investments. He previously spent five years with the growth equity arm of San Francisco-based Fremont Group. Goldman is based in General Atlantic’s New York office.
Soni is based in Mumbai and previously worked in General Atlantic’s New York and London offices. He focuses on internet and technology and IT services investments. He was formerly an investment professional at 3i Group’s India office.
General Atlantic has made seven investments in 2013, including London-based Hyperion Insurance Group and New York-based luxury lifestyle brand Tory Burch.
The firm aims to invest between $75 million and $400 million in 10 to 12 new companies per year. About half of the companies are outside of the US. Since its founding in 1980, the firm has publicly listed 55 of its portfolio companies, according to its website.
General Atlantic manages about $18 billion in capital and is led by chief executive officer William Ford, former Morgan Stanley & Co. investment banker, and Steven Denning who has been with General Atlantic since its formation. Nine other managing directors help lead the firm out of 11 global offices.