Citi Private Equity Executive Joins Water Street Healthcar...( Private Equity Firm Adds Partner to A...),Health

Private Equity Firm Adds Partner to Advance Health Care Investment Opportunities

CHICAGO, May 29 /PRNewswire/ -- Water Street Healthcare Partners, a leading private equity firm focused exclusively on the health care industry, announced today that Robert B. Womsley has agreed to join the firm as a partner, effective July 1. A senior partner with Citi Private Equity, Mr. Womsley, 45, will work with Water Street's team of senior investment professionals and health care executives to identify new investment opportunities and support its growing group of health care companies.

"We are excited to have a leader of Rob's investment acumen and experience join our team," said Tim Dugan, managing partner, Water Street Healthcare Partners. "We have continued to identify and complete a number of new investments over the past year, and have been selectively looking for another partner to help advance our active pipeline. We've known Rob for many years, and we believe his global experience, solid judgment and strong track record of achieving results make him an ideal fit with our senior leadership team. Additionally, his worldwide contacts will be valuable for enhancing our extensive network of industry relationships."

Mr. Womsley brings more than 20 years of global investment experience to Water Street. In his recent position as European head of Citi Private Equity, he led more than $1 billion of transactions. Previously, Mr. Womsley was managing director and global head of Citi's private equity placement group. Mr. Womsley received his bachelor's degree in history from Vanderbilt University and master's in business administration from the University of Chicago Graduate School of Business.

"I'm looking forward to returning to Chicago to join Water Street and its dynamic team of leaders," said Mr. Womsley. "As I've interac
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