Healthcare-Focused Private Equity Firm Grant Avenue Capital Makes Key Hires 

By Dan Anderson ● September 9, 2019
  • Healthcare-focused private equity firm Grant Avenue Capital announced it has made several key hires including  Alex Ferree and Eric Kim as senior associates

Grant Avenue Capital, LLC — a healthcare-focused private equity firm — has announced Alex Ferree and Eric Kim are joining the firm as senior associates and Sari Ring are joining as chief of staff. Ferree and Kim will be responsible for sourcing, evaluating, and executing middle-market investment opportunities as well as monitoring portfolio companies. And Ring will handle office management and the firm’s philanthropic efforts.

Before joining Grant Avenue Capital, Ferree served as an associate at Audax Private Equity. At that firm, he executed several investments across the healthcare and consumer sectors. Before that, Ferree graduated from the Wharton School at the University of Pennsylvania with a B.S. in Economics.

Kim had worked as an associate at Morgan Stanley Capital Partners where he completed deals in the healthcare and technology sectors. Before that, he was in the healthcare investment banking group at Bank of America and an analyst with Citigroup Capital Markets. And Kim graduated from Duke University with a B.S. in Economics.

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“Eric and Alex bring excellent healthcare experience that ties directly to our core investment themes,” said Grant Avenue Capital founder and managing partner Buddy Gumina. “They will play an integral role in building the firm and executing on its long-term vision of investing flexible capital to transform middle-market healthcare companies.”

Before Grant Avenue Capital, Ring worked for two leading nonprofits: the Alzheimer’s Association and Best Buddies. And she graduated from Indiana University with a B.A. in Sociology. Ring will also be involved with the Grant Avenue Foundation — which supports employees of Grant Avenue Capital and its portfolio companies who are engaged with healthcare-oriented charitable organizations.

“Sari’s prior experience will make her a high-impact chief of staff and enable the Grant Avenue Foundation to accelerate its mission,” Gumina added.

Gumina is known for founding and leading the build-out of Apax Partners’ U.S. healthcare buyout practice over the course of 20 years and across multiple economic cycles. At his prior firm, Gumina invested more than $4 billion with an additional $1.5 billion of co-investment from limited partners and strategic investors, in companies operating in services, medical devices, pharmaceutical products and healthcare IT.