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Based on previous WSO threads, here are some insights on top healthcare (HC) and therapeutics-focused private equity (PE) firms and investment banks:

Top Healthcare PE Firms:

  • TPG: Known for having a strong healthcare team, TPG was the healthcare PE firm of the year in 2021 according to PEI. They have a separate vehicle for healthcare investments.
  • KKR: Recognized for their robust healthcare team.
  • Bain Capital: Noted for their strong performance in the healthcare sector, particularly in life sciences.

Top Healthcare Investment Banks:

  • PWP (Perella Weinberg Partners)
  • JPM (J.P. Morgan)
  • Leerink
  • Houlihan Lokey (HL): Especially strong in multi-unit/PPM space.
  • Cowen: Noted for their acquisition by TD.

Key Points:

  • Healthcare IT (HCIT): This sector has seen record M&A and healthcare issuance, with significant interest from both strategic buyers and PE firms.
  • Healthcare Services: This area is very dynamic and busy, with a lot of buyout activity.
  • Broad Exit Opportunities: Skills from healthcare investment banking are broadly applicable to other industries, offering diverse exit opportunities.

These firms and sectors are highly regarded for their expertise and performance in the healthcare and therapeutics space.

Sources: Healthcare Investment Banking Q&A, Bain Capital Healthcare, Are we at peak pod shop?, Can we start a thread on the pros and cons of different coverage groups from a work / career perspective?, Healthcare PE - top shops

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Bump - curious who cleans up in services vs medtech vs life sciences? Also any insight on alt data piece for services, how important is it, how are the teams tracking adj admissions etc

 

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