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:2/11/2016)... PRO-DEX, INC. (NasdaqCM: PDEX) today announced financial results for its ... also filed its Quarterly Report on Form 10-Q for the ... Exchange Commission today. --> --> ... --> Net sales for the three months ... $5.4 million from $2.8 million for the three months ended ...
(Date:2/11/2016)... 11, 2016  Walgreens has committed to provide drug ... Washington, D.C. as part of a ... commended by shareholder advocacy organization As You Sow. ... "Many people hold on to unneeded drugs because they lack ... consequences." --> Conrad MacKerron , Senior Vice ...
(Date:2/11/2016)... Feb. 11, 2016 Potrero Medical, Inc., the developer ... announce the appointment of George M. Rapier, III , ... Antonio, TX , WellMed is one of the nation,s ... and HMO members in Texas and ... out of his own internal medicine practice, he has been ...
Breaking Medicine Technology:
(Date:2/12/2016)... ... , ... AssureVest Insurance Group, a locally owned insurance firm with offices serving ... funds earmarked to purchase computers and software for Mrs. Harrison’s 2nd and 3rd grade ... a low-income area and has more than 60 2nd and 3rd graders with learning ...
(Date:2/12/2016)... (PRWEB) , ... February 12, 2016 , ... Erlanger Agency ... the greater Columbus, OH area. The latest campaign focuses on the fight against breast ... Donations are now being accepted here . , Carmen is a loving single ...
(Date:2/12/2016)... ... 2016 , ... Miami Dental Specialists is excited to bring patients the choice ... in January, Miami Dental Specialists will offer the non-metal implants as a safe, holistic ... be chosen by the dental implant manufacturer, Straumann, to bring this cutting-edge technology to ...
(Date:2/12/2016)... ... February 12, 2016 , ... Mediaplanet today ... , The print component of “Revolutionizing Cancer Care” is distributed within the February ... and Seattle, with a circulation of approximately 250,000 copies and an estimated readership ...
(Date:2/12/2016)... ... February 12, 2016 , ... Homeowners now ... design possibilities. CertainTeed, North America’s leading brand of building products, has improved upon ... showcased in the mobile version of the ColorView® Exterior Style and Color Selector. ...
Breaking Medicine News(10 mins):