HCPEA formed to support healthcare private equity community

May 21 2010

Leading private equity firms active in the healthcare industry today announced the formation of the Healthcare Private Equity Association ("HCPEA"), a Chicago-based, non-profit trade association whose purpose is to support the reputation, knowledge and relationships of the healthcare private equity community.  As of its founding, HCPEA's roughly forty member firms represent over $300 billion of capital under management and over 300 healthcare-focused investment professionals.

As the first sector-focused trade association in private equity, HCPEA anticipates it will represent one of the largest groups of privately-held healthcare businesses in the U.S.  Its members' approximately 500 healthcare portfolio companies have over $200 billion of combined revenue and over 750,000 employees.

The Association's Founder and President, Brian Miller (Partner and Co-Founder of Linden Capital Partners), states, "HCPEA is proud to have many of the most active and experienced investors as its Founding Members.  This is a time of unprecedented change in the healthcare sector, and private equity will continue to play a key role in shaping the industry's future. HCPEA will support and encourage the essential investments that private equity firms direct into our healthcare economy."