Frazier Healthcare Partners has hired Amit Jain as an operating partner for its growth buyout team. Previously, Jain worked at Omnicare Inc where he was senior vice president and head of business operations.
SEATTLE–(BUSINESS WIRE)–Frazier Healthcare Partners, a leading provider of growth capital to healthcare companies, announced today that Amit Jain has joined the firm as an Operating Partner on the Growth Buyout team. He will assist the Growth Buyout group with identifying and executing opportunities in the pharma services space.
“We welcome Amit to Frazier as we expand our team of operating partners,” said Brian Morfitt, General Partner. “Amit’s broad experience in both healthcare services and information technology will be a great resource for Frazier’s Growth Buyout group.”
Mr. Jain most recently served as Senior Vice President and Head of Business Operations at Omnicare, Inc., a Fortune 500 healthcare services company. In this role, reporting directly to the CEO, he had full responsibility for operations, sales and account management for both Omnicare’s business units, Specialty Care Group and Long Term Care Group. He was a core member of the team responsible for transforming the organization to deliver accelerated revenue and EBITDA growth, which resulted in the strategic sale of the company to CVS Health for $12.5 billion, one of the largest healthcare transactions in 2015.
Prior to Omnicare, Mr. Jain was Vice President and Global Head of Healthcare Vertical for Headstrong, Inc. Headstrong, now a part of Genpact, is a global consultancy providing end-to-end technology consulting and outsourcing services across the finance and healthcare industries, with an operating footprint across North America, Europe and Asia-Pacific. In his most recent position, Mr. Jain was directly accountable for the global P&L of the Healthcare Vertical business unit. While serving in this capacity, he implemented a range of initiatives to turn a declining operation into Headstrong’s second-largest and highest-growth business unit. Previous to his last position, Mr. Jain held a variety of leadership roles at Headstrong, including Senior Director of Strategic Accounts, Director of Sales, and Manager of the Project Management Office.
Mr. Jain holds an MBA from Ecole Nationale des Ponts et Chaussées, France, as well as a Bachelor’s Degree in Engineering from Nagpur University, India.
About Frazier Healthcare Partners
Founded in 1991, Frazier Healthcare Partners is a leading provider of growth and venture capital to emerging healthcare service and biopharma companies. With nearly $2.9 billion under management, Frazier has invested in over 170 companies ranging from early-stage venture investments to buyouts of profitable lower-middle market companies. For 25 years, Frazier has established itself among entrepreneurs and seasoned executives as the preferred partner to help create and rapidly grow market-leading healthcare companies. Frazier Healthcare Partners has offices in Seattle, Wash., and Menlo Park, Calif., and invests broadly across the United States, Canada and Europe.
For more information about Frazier Healthcare Partners, visit the company’s website at http://www.frazierhealthcare.com.