Walter Global Asset Management (Walter GAM) announced that it has acquired a minority stake in Madryn Asset Management. This leading asset management firm invests in innovative healthcare companies specializing in unique and transformative products, technologies, and services. This investment also expands Walter GAM’s presence in the United States and adds to a diversified and highly‑performing portfolio of firms operating in the asset management industry.
Madryn – which has deployed over $1 billion in capital since its inception – provides structured debt and equity solutions to commercial-stage healthcare growth companies to help them scale their businesses and drive value. And the firm has an established track record of partnering with companies throughout the healthcare ecosystem and has cultivated relationships with institutional investors across North America and Europe.
KEY QUOTES:
“We are impressed by the depth of Madryn’s investment expertise within this specialized sector, and the strength of its relationships with institutional investors. We believe Madryn and its exceptional team of life sciences and financial experts are well positioned to capitalize on their solid growth potential.”
– Sylvain Brosseau, CEO and Founding Partner at Walter GAM
“All of us at Madryn are delighted to forge this new partnership with the Walter GAM team. We will now have the opportunity to leverage their expertise to help us continue to scale our platform, engage with new investors, and diversify our offerings in the healthcare sector. We are excited to embark on this next chapter of our growth and look forward to a long and prosperous relationship.”
– Avinash Amin, MD, Managing Partner at Madryn
“Our team has worked hard over the years to build a strong foundation and rigorous investment and operational processes. We greatly appreciate the support of our limited partners, and we are focused on continuing to execute our strategy with the goal of generating attractive risk-adjusted returns for them.”
– John Ricciardi, Partner, Chief Operating Officer and Chief Financial Officer at Madryn
