PROPRIETARY INVESTMENTS

OUR FUNDS

A joint venture between Ziegler and Link•Age Linkage Logo

 

A PRIVATE EQUITY FUND FOCUSED ON SELECTED SEGMENTS OF THE LONGEVITY ECONOMY

 

Unique Limited Partner Base

The Fund provides a unique platform for collaboration and innovation among the limited partner investors, who are primarily comprised of approximately 70 not-for-profit senior living providers from across the nation and select other healthcare focused organizations, and thus have a direct interest in the companies in which the Fund will invest.  Not only can the investor base act as a source of information on market needs and operator preferences to the Fund managers, but it also represents a potential group of customers for some portfolio companies.

Key investment themes will include, but are not limited to:

  • Aging in place;
  • Coordination of care;
  • Chronic disease management;
  • Reduction of hospitalizations and readmissions;
  • Prevention and wellness strategies;
  • Government funded programs / public health related matters
  • Telehealth (telemedicine, virtual care and remote monitoring); and
  • Medication management and adherence

 

Investor Access                    Investor Statements Portal

 

Strategy

  • Early to mid-stage
  • Equity and equity-like investments
  • Emerging growth companies
  • Target Investment size
  • $250,000 to $5,000,000

 

Investement Criteria

  • Operating in or developing businesses focused on the longevity economy
  • Experienced management teams
  • Business models demonstrating scale
  • Attractive marketing and sales capabilities
  • Legally-protected and proprietary intellectual property where applicable
  • Favorable risk/reward investment profile with identified and realistic exit strategies

Current Portfolio Companies

 

 

 

 

Investment Managers

John Hopper, Chief Investment Officer
John Hopper currently serves as the Managing Director of Link•Age Ventures, a wholly owned subsidiary of Link•Age focused on making investments in companies providing products, services and technology to the aging marketplace. John was also the Founder and Partner of Silverstone Advisors – Blackbird Capital Group, LLC (“Silverstone”). Silverstone is a boutique investment banking firm providing merger and acquisition services, including valuation, due diligence, capital raising, buy side engagements and sell side engagements. Prior to the founding of Silverstone, he was the Chief Executive Officer of a regional network servicing company, and held numerous executive positions in the financial services industry with Fifth Third Bank, AmSouth Bank and Mellon Bank. John holds a J.D. degree from The Ohio State University College of Law and an M.B.A. from the University of Pittsburgh. Hopper received his B.A. from Mount Union College.

 

Neil Borg, Chief Strategic Officer
Neil Borg currently serves as the managing director and head of Ziegler’s Corporate Finance Healthcare efforts and is an advisor to the firm’s principal investing initiatives. Prior to joining Ziegler, Neil was in the Healthcare Services Investment Banking divisions of J.P. Morgan (previously Chase H&Q and Hambrecht & Quist) and Friedman, Billings, Ramsey. While at Hambrecht & Quist, he was associated with an affiliated venture capital fund, H&Q Serv*s Ventures, focused on early stage healthcare investments on behalf of Hambrecht & Quist and Johnson & Johnson. Over his career, Neil has advised on over 65 transactions, including strategic advisory assignments, public and private equity financings and equity investments principally for emerging growth companies in the healthcare services and healthcare information technology sectors. In addition, Neil currently sits on the Board of Directors of Auditz, and was most recently on the Board of Directors of Certify Data Systems prior to its sale to Humana in 2012.

 

Scott Collins, Managing Director
Scott Collins is the CEO of Link•Age and is responsible for its strategic direction and growth. Link•Age is comprised of three integrated entities: Link•Age Solutions – providing cost containment services to more than 600 senior living providers, Link•Age Ventures – investing in companies with products, services and technologies for the aging population and Link•Age Connect – delivering market research and insight for organizations seeking to better understand the older adult demographic. Prior to joining Link•Age, Scott was a vice president and senior account executive with GE Capital Commercial Asset Funding and held senior management positions in the commercial real estate as well as textile industries.

 

Mark Baumgartner, Chief Administrative Officer
Mark Baumgartner joined Ziegler in 1984. For the past five years he has served as a senior managing director and chief credit officer. Prior to that, he worked as an investment banker for 25 years. His investment banking activities included mergers, acquisitions and financial advisory work, as well as tax-exempt and taxable financings on a fixed, variable or blended interest rate basis. He has senior managed more than 150 public debt offerings in excess of $5 billion. Mark has also had the opportunity to work on numerous strategic advisory transactions for healthcare providers involved in merging, acquiring or partnering with other healthcare entities.

 

 

A joint venture between Ziegler and Link•Age Linkage Logo

 

PRIVATE EQUITY FUND FOCUSED ON THE AGING AND POST-ACUTE CARE MARKETS

 

Strategic Investor Base

An investment from the Fund is strategic to both potential co-investors and portfolio companies, due not only to the knowledge base of its general partner and affiliates, but also in part to the composition of its investor base.  The Fund’s investors consist of organizations across the healthcare and aging services landscape that have a significant interest in finding innovative solutions to improve the independence, quality and cost of care and overall lives of the aging population including health systems, healthcare industry professionals, and 75 senior care providers from across the nation. Through an investment from the Fund, portfolio companies gain access to both growth capital and a pool of potential customers for new products and services, pilot programs, and general target-market expertise.

Key investment themes will include, but are not limited to:

  • Emerging managed care models;
  • Patient and provider engagement solutions;
  • Innovative home and community-based services;
  • Medication management, adherence and pharmaceutical-related services;
  • Physician and ACO models for at-risk populations;
  • Proactive mental and behavioral health care solutions;
  • Telehealth (telemedicine, virtual care and remote monitoring); and
  • Virtual-based care enablement

 

Investor Access                    Investor Statements Portal

 

Target Investment Size

  • $3,000,000 to 5,000,000 in total with initial tranche of $1,000,000 or more

Investment Criteria

  • Differentiated solution with broad market potential
  • Experienced management team
  • Business model demonstrating scale potential
  • Attractive marketing and sales capabilities, and a stable and growing client base
  • Legally-protected and proprietary intellectual property where applicable
  • Favorable risk/reward investment profile with identified and realistic exit strategy
  • Ability to work with and leverage our strategic investor base

Current Portfolio Companies

 

 

Investment Managers

John Hopper, Chief Investment Officer
John Hopper currently serves as the Managing Director of Link•Age Ventures, a wholly owned subsidiary of Link•Age focused on making investments in companies providing products, services and technology to the aging marketplace. John was also the Founder and Partner of Silverstone Advisors – Blackbird Capital Group, LLC (“Silverstone”). Silverstone is a boutique investment banking firm providing merger and acquisition services, including valuation, due diligence, capital raising, buy side engagements and sell side engagements. Prior to the founding of Silverstone, he was the Chief Executive Officer of a regional network servicing company, and held numerous executive positions in the financial services industry with Fifth Third Bank, AmSouth Bank and Mellon Bank. John holds a J.D. degree from The Ohio State University College of Law and an M.B.A. from the University of Pittsburgh. Hopper received his B.A. from Mount Union College.

 

Neil Borg, Chief Strategic Officer
Neil Borg currently serves as the managing director and head of Ziegler’s Corporate Finance Healthcare efforts and is an advisor to the firm’s principal investing initiatives. Prior to joining Ziegler, Neil was in the Healthcare Services Investment Banking divisions of J.P. Morgan (previously Chase H&Q and Hambrecht & Quist) and Friedman, Billings, Ramsey. While at Hambrecht & Quist, he was associated with an affiliated venture capital fund, H&Q Serv*s Ventures, focused on early stage healthcare investments on behalf of Hambrecht & Quist and Johnson & Johnson. Over his career, Neil has advised on over 65 transactions, including strategic advisory assignments, public and private equity financings and equity investments principally for emerging growth companies in the healthcare services and healthcare information technology sectors. In addition, Neil currently sits on the Board of Directors of Auditz, and was most recently on the Board of Directors of Certify Data Systems prior to its sale to Humana in 2012.

 

Scott Collins, Managing Director
Scott Collins is the CEO of Link•Age and is responsible for its strategic direction and growth. Link•Age is comprised of three integrated entities: Link•Age Solutions – providing cost containment services to more than 600 senior living providers, Link•Age Ventures – investing in companies with products, services and technologies for the aging population and Link•Age Connect – delivering market research and insight for organizations seeking to better understand the older adult demographic. Prior to joining Link•Age, Scott was a vice president and senior account executive with GE Capital Commercial Asset Funding and held senior management positions in the commercial real estate as well as textile industries.

 

Mark Baumgartner, Chief Administrative Officer
Mark Baumgartner joined Ziegler in 1984. For the past five years he has served as a senior managing director and chief credit officer. Prior to that, he worked as an investment banker for 25 years. His investment banking activities included mergers, acquisitions and financial advisory work, as well as tax-exempt and taxable financings on a fixed, variable or blended interest rate basis. He has senior managed more than 150 public debt offerings in excess of $5 billion. Mark has also had the opportunity to work on numerous strategic advisory transactions for healthcare providers involved in merging, acquiring or partnering with other healthcare entities.

 

 

Ziegler Meditech Equity Partners

A joint venture between Ziegler and MediTech Advisors  

 

The medical device industry continues to experience growth and provides the basis for improved clinical outcomes for patients world-wide. The approaching wave of over-65 Baby Boomers, combined with developments in fields such as wireless communications, medical imaging, sensor technology, and molecular research are expected to drive continued market expansion. Ziegler Meditech Equity Partners, LP (ZMEP) is invested in the potential of this dynamic through equity investments in emerging medical device technologies. ZMEP invested globally, drawing on the years of investing experience of its management team, and is currently harvesting its outstanding investments. With more than 50 years of experience in medical device development and commercialization, the ZMEP management team worked with leading entrepreneurs in the medical device field in both the United States and Israel. The general partner of Ziegler Meditech Equity Partners is a joint venture between Ziegler and Meditech Advisors, an Israel based healthcare consultancy. The vintage year of the Ziegler Meditech Equity Partners is 2006. 

 

Portfolio Companies

               
       
   
   
   
   
   


Investment Managers

Katie Schmitz, Chief Administrative Officer
Katie Schmitz joined Ziegler’s alternative investments team in 2014. Her primary responsibilities include overseeing and monitoring the firm’s proprietary investments, as well as the venture capital funds that Ziegler sponsors. Katie’s duties include portfolio company communication, record keeping and valuations, investor relations, and participation in the development of the firm’s private equity strategy. She also serves on several corporate committees at Ziegler including the Capital Committee, Risk Committee, Regulatory Committee and Corporate Development Committee.

Dr. S. Morry Blumenfeld, Chief Investment Officer

Dr. Blumenfeld retired from GE Healthcare in 2002, having been with GE for over 34 years, and finished his career as a Managing Director of GE Medical Systems in Israel. Dr. Blumenfeld has considerable experience in developing and commercializing large scale diagnostic imaging systems, as well as new image guided equipment designed to provide non-invasive and minimally invasive procedures. Among other accomplishments, Dr. Blumenfeld was one of the managers responsible for developing GE’s computed tomography (“CT”) and magnetic resonance imaging (“MRI”) product lines, each of which now have annual sales over $1 billion. Dr. Blumenfeld serves on a number of academic boards as well as the board of some medical device companies.

Samual Cubac
Samual Cubac most recently worked as a vice president of GE Equity, where he managed the Tel Aviv, Israel office of GE Equity and assisted in managing GE’s limited partnership investment in ABS Giza GE Capital Fund II as well as Giza GE Venture Fund III. Both of these funds were global venture capital funds that invested in technology companies. Prior to GE, Samual was the senior vice president of AIG’s leasing & Equipment Financing Group, and prior to that was the CFO of AI Credit Corporation, AIG’s Finance subsidiary. In these positions, he managed over 100 professionals and a portfolio of $700 million of assets.

Eitan Machover
Eitan Machover was most recently a consultant with GE and has held various positions with GE, including sven years with GE healthcare as general manager of Integration and Business Development as well as a number of positions within the GE Commercial Services Division. He also served as the national executive for General Electric in Israel, where he was generally responsible for GE’s overall operations and growth in Israel. Eithan has held a number of international business development positions with a focus on third party service and technology driven acquisitions.

Closed Funds

Closed Funds

  • Ziegler Equity Funding Funds I-V: Seed capital funds for senior living developments
  • Ziegler Healthcare Real Estate Funds I-IV: Funds focused on investing in healthcare real estate, typically leased to physicians, hospitals, dialysis and imaging centers, healthcare delivery systems, and other healthcare providers.
  • Ziegler Healthcare Fund I: Small Business Investment Company licensed under the SBA, focused on providing financing to small to mid-size privately owned companies that provide long-term care services to seniors in the form of mezzanine debt and preferred equity.
  • Ziegler Healthcare Fund II: Leveraged senior mortgage fund focused on small to mid-size privately owned companies that provide long-term care services to seniors.
  • Ziegler Healthcare Fund III: Mezzanine debt and equity fund focused on small to mid-size privately owned companies that provide long-term care services to seniors.
  • Ziegler Healthvest Partners: Venture capital fund focused on investing in companies that provide services or information technology to healthcare providers, with an emphasis on acute care providers.