The New York-based firm is part of the HealthCor Group, a hedge-fund manager and private equity shop with more than $3 billion under management. According to its Web site, HealthCor Partners has three senior managing directors. They are Jeffrey C. Lightcap, a senior managing director at mid-market buyout shop
The HealthCor Partners Web site lists eight professionals altogether, and altogether HealthCor Group has more than 25 investment professionals. We were unable to reach any for comment for this article.
HealthCor Partners is believed to have set out this fall to raise
The firm makes investments of $5 million to $25 million as part of growth financings, leveraged buyouts and special situations, including restructurings. The principals take a hands-on approach to their portfolio companies, providing help with sales, marketing, regulatory compliance, add-on acquisitions, among other functions.
The firm’s Web site lists eight “select portfolio companies.” Among them are Practice Partners in Healthcare, a Birmingham, Ala.-based firm that develops and manages ambulatory surgery centers; Paradigm Spine, a New York-based company that supplies spinal implants used by orthopedic surgeons; and Velcera, a Yardley, Penn.-based company that makes medications to treat pets.