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:12/8/2016)... 8, 2016 KEY FINDINGS ... of the market in 2016 and is expected to ... attributed to a large number of surgical procedures that ... largest share in the patient temperature management market.) Patient ... reducing loss of blood during surgeries, lowering the risks ...
(Date:12/8/2016)... Research and Markets has announced the addition ... Adhesion Type, Application, Usability - Forecast to 2025" report to ... , , ... poised to grow at a CAGR of around 3.2% from 2015 ... witnessing include advancements in extracellular microelectrode arrays and intracellular microelectrodes, research ...
(Date:12/8/2016)... 2016  Valeant Pharmaceuticals International, Inc. (NYSE: ... announced positive results from a Phase 3, multicenter ... safety and efficacy of IDP-118 (halobetasol propionate and ... Within the Phase 3 study ... psoriasis, IDP-118 showed statistical significance to vehicle with ...
Breaking Medicine Technology:
(Date:12/9/2016)... (PRWEB) , ... December 09, 2016 , ... ... whiteboard display solutions, proudly announced today that a new solution for Emergency Departments ... fit in the tight space in Emergency Department examination rooms, and with a ...
(Date:12/8/2016)... Cambridge, MA (PRWEB) , ... December 08, 2016 ... ... the Workers Compensation Research Institute (WCRI) officially opened registration today for its ... Place Hotel in Boston, MA . , The theme of the conference is ...
(Date:12/8/2016)... ... December 08, 2016 , ... CURE Media Group, the nation’s leading digital ... aligned with Upstage Lung Cancer in efforts to combat lung cancer, announced CURE Media ... Jr said, “CURE Media Group is honored to team up with Upstage Lung Cancer ...
(Date:12/8/2016)... (PRWEB) , ... December 08, ... ... Presence Suite 10.2 version gives development continuity to its innovative Unified Instance ... channels management capacity. In addition, this new version optimizes the unattended auto-dialing ...
(Date:12/8/2016)... ... December 08, 2016 , ... Today’s patients are encouraged ... in mind, SIGVARIS has created a new line of anti-embolism stockings to help ... provide the benefits of graduated compression when transitioning from recovery to early rehabilitation. ...
Breaking Medicine News(10 mins):