Ellison joined Chicago-based BDT Capital Partners as a managing director in June, based out of New York, according to his LinkedIn profile. He previously spent about 14 years at Altaris, a healthcare-exclusive private equity firm managing $5.6 billion of equity capital, his profile shows.
BDT declined to comment and Ellison could not be reached, while Altaris did not immediately return a request for comment.
As a managing director at Altaris, Ellison led the firm’s investments in the provider and payor services sectors, according to an archived version of the Altaris website.
The investor started his career in healthcare investment banking in 2007 at Lehman Brothers, where he spent two years.
BDT Capital Partners, which provides family- and founder-led businesses with long-term, differentiated capital, has only ever done one deal in healthcare. The firm in 2016 invested in Althetico Physical Therapy, providing an exit for Harvest Partners.
BDT Capital Partners has raised over $18 billion across its investment funds and has created and manages more than $6 billion of co-investments from its global limited partner investor base, according to its website.
Correction: This report corrects the spelling of Byron Trott.