Navigation Links
RoundTable Healthcare Partners Closes Two Funds
Date:7/15/2010

LAKE FOREST, Ill., July 15 /PRNewswire/ -- RoundTable Healthcare Partners ("RoundTable"), an operating-oriented private equity firm focused exclusively on the healthcare industry, announced today the closing of its third equity fund totaling $600 million ("Fund III") and its second captive subordinated debt fund of $200 million ("Capital Fund II").  RoundTable closed its first equity fund of $400 million in March 2002 and its second equity fund of $500 million in March of 2005.  The first capital fund of $200 million was closed in July of 2006.

Since its inception in 2001, RoundTable's objective has been to generate superior investment returns by capitalizing on the insight, industry relationships, and operating and transactional expertise of the firm's partners and principals. To further advance this objective, the partnership is being expanded to support the growing investment activity of the firm.  Joseph F. Damico and Lester B. Knight, two of the four Founding Partners, have been named Co-Chairmen.  Jack L. McGinley will continue as Founding and Operating Partner.  R. Craig Collister and T. Sands Thompson have been promoted to Senior Transaction Partners joining David J. Koo in these roles.  James P. Stauner and James E. Utts have been promoted to Operating Partner.  Todd E. Warnock continues as Founding Partner and Senior Advisor.

Leonard G. Kuhr will continue as Principal and Chief Financial Officer.  Greg L. Baumli has been promoted to Operating Principal and Senior Vice President of Manufacturing, and Andrew B. Hochman has been promoted to Transaction Principal.  Robert B. DeBaun and John W.  McConachie will continue in their roles as Senior Vice President of Human Resources and Health Systems, respectively.  G. Adam Hentze joins Joshua M. Saipe on the transaction team as Vice President.

"We are pleased our strategy has produced strong deal flow and investment returns," said Mr. Knight.  "Fund III and Capital Fund II will allow us to continue our strategy of investing in healthcare companies that can benefit from our strong operating and transaction focus.  We thank all of our limited partners for their support and commitment."

"Our approach is to partner with the owner/founders and management teams of our portfolio companies and to build on their strong foundations to accelerate their growth strategies," said Joseph F. Damico. "We continue to invest in our firm's resources and capabilities so we can add tangible value to our companies."

Davis Polk & Wardwell served a legal advisor to RoundTable for the fund raising efforts.  RoundTable did not use a placement agent.

About RoundTable Healthcare Partners

RoundTable Healthcare Partners, based in Lake Forest, IL, is an operating-oriented private equity firm focused exclusively on the healthcare industry.  RoundTable partners with companies that can benefit from its extensive industry relationships and proven operating and transaction expertise.    RoundTable has established a successful track record of working with owner/founders, family companies, management teams, entrepreneurs and corporate partners who share a vision and believe in the value creation potential of its partnership model.  RoundTable currently manages $1.9 billion in capital, including three equity funds totaling $1.5 billion and two subordinated debt funds totaling of $400 million.  More information about RoundTable Healthcare Partners can be found at www.roundtablehp.com.  


'/>"/>
SOURCE RoundTable Healthcare Partners
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. RoundTable Healthcare Partners Announces Sale of Bioniche Pharma Holdings Limited to Mylan Inc.
2. RoundTable Healthcare Partners Names Charles W. Stiefel as Senior Advisor
3. RoundTable Healthcare Partners Announces Sale of Ascent Healthcare Solutions to Stryker Corporation
4. BARC Central Laboratory Joins Alzheimers Association Research Roundtable
5. Roundtable Calls Presidents Embryonic Stem Cell Decision: Bankrupt
6. Justice Department Will Not Oppose CEO Roundtable on Cancers Proposal
7. Deloitte and Nonprofit Roundtable Host Real-World Disaster Exercise as Next Step in Developing Preparedness Plan for Greater Washington Region
8. Cardinal Health Completes Acquisition of Healthcare Solutions Holding
9. United American Healthcare Corporation Announces Change to Meeting Date for Annual Meeting of Shareholders
10. Sharp HealthCare Selects Allscripts Community Record to Deliver End-to-End Health Information Connectivity for San Diego Physicians and Hospitals
11. ERT to Present at The BMO Capital Markets 10th Annual Focus on Healthcare Conference on August 5, 2010
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/23/2016)... DUBLIN , June 23, 2016 ... "Dialysis Devices Global Market - Forecast to 2022" report ... is the treatment method for the patients with kidney failure, ... and excess fluid from the patient,s blood and thus the ... sodium, potassium and chloride in balance. Increasing ...
(Date:6/23/2016)... 23, 2016 Roche (SIX: RO, ROG; OTCQX: ... its Elecsys BRAHMS PCT (procalcitonin) assay as a dedicated ... shock. With this clearance, Roche is the first IVD ... solution for sepsis risk assessment and management. ... and PCT levels in blood can aid clinicians in ...
(Date:6/23/2016)... 23, 2016 Bracket , a leading clinical ... generation clinical outcomes platform, Bracket eCOA (SM) 6.0, at ... 26 – 30, 2016 in Philadelphia , ... Outcome Assessment product of its kind to fully integrate with ... Bracket eCOA 6.0 is a flexible platform for electronic clinical ...
Breaking Medicine Technology:
(Date:6/24/2016)... Michigan (PRWEB) , ... June 24, 2016 , ... Those ... deal with these feelings, many turn to unhealthy avenues, such as drug or alcohol ... of Marne, Michigan, has released tools for healthy coping following a traumatic event. , ...
(Date:6/24/2016)... Francisco, CA (PRWEB) , ... June 24, 2016 ... ... CitiDent, is now offering micro-osteoperforation for accelerated orthodontic treatment. Dr. Cheng has extensive ... self-ligating Damon brackets , AcceleDent, and accelerated osteogenic orthodontics. , Micro-osteoperforation ...
(Date:6/24/2016)... ... June 24, 2016 , ... The Haute ... Dr. Barry M. Weintraub as a prominent plastic surgeon and the network’s newest ... world, and the most handsome men, look naturally attractive. Plastic surgery should be ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... induced pluripotent stem (iPS) cells and other difficult to transfect cells, announces its ... The PluriQ™ G9™ Gene Editing System is a complete system for ...
(Date:6/24/2016)... ... June 24, 2016 , ... Today, InhaleLabs.com (Inhale) offilially ... their medication by matching users with high quality water pipes within an ideal price ... commitment. , Inhale was founded by two brothers, Nick and Mike Hunter, who use ...
Breaking Medicine News(10 mins):