New York-based private equity firm Welsh, Carson, Anderson & Stowe has appointed Anthony Ecock to the position of senior operating executive. He will focus on companies in the healthcare sector.
The 45-year-old Ecock comes to the firm from General Electric Healthcare, a $15 billion unit of General Electric. There, he was the vice president and general manager of the enterprise clients group and responsible for company-wide sales to US healthcare and pharmaceutical companies, as well as to academic medical centers.
Ecock worked at consulting firm Bain & Company from 1987 until 1999. At Bain, he focused on growth strategies for high-tech companies and became a partner there in 1993.
The hiring of Ecock follows another recent addition to the Welsh Carson team. Charles Berg joined the firm as a senior operating officer in January. He formerly worked as the president, director and chief executive officer of Oxford Health Plans.
Founded in 1979, Welsh Carson invests in the business services and healthcare industries. It has a total capital of about $16 billion. The firm is currently investing two funds: an equity fund called Welsh, Carson, Anderson & Stowe X and a subordinated debt fund known as WCAS Capital Partners IV. The aggregate value of the two funds is about $4.7 billion (€3.6 billion).